Post Utme Pan Atlantic University 2019 Economics Question 29

Practice objective / multiple choice question 29 from the 2019 Post Utme Pan Atlantic University Economics examination.

Post Utme Pan Atlantic University 2019 Economics Objective / Multiple Choice
Question 29 POST_UTME_PAN-ATLANTIC_UNIVERSITY • 2019 • ECONOMICS • objective

A country's balance of payments account has a trade deficit of $100 million and a capital account surplus of $50 million. What is the overall balance of payments position?

Answer Options

A. Trade deficit of $50 million.
B. Trade surplus of $50 million.
Correct Answer C. Overall balance of payments deficit of $50 million.
D. Overall balance of payments surplus of $50 million.
Correct Answer
C
Correct Option:
Overall balance of payments deficit of $50 million.

About This Question

This is Post Utme Pan Atlantic University 2019 Economics Question 29. It is one of the objective questions from the 2019 Post Utme Pan Atlantic University Economics examination.

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