Post Utme Pan Atlantic University 2018 Commerce Question 3

Practice objective / multiple choice question 3 from the 2018 Post Utme Pan Atlantic University Commerce examination.

Post Utme Pan Atlantic University 2018 Commerce Objective / Multiple Choice
Question 3 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2018 • COMMERCE • objective

In a foreign trade agreement, a country exports 500 units of a product at ₦20 per unit. If the exchange rate is 1 USD = ₦200, find the total value of the export in USD.

Answer Options

A. 2500
Correct Answer B. 5000
C. 7500
D. 10000
Correct Answer
B
Correct Option:
5000

About This Question

This is Post Utme Pan Atlantic University 2018 Commerce Question 3. It is one of the objective questions from the 2018 Post Utme Pan Atlantic University Commerce examination.

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