Post Utme Redeemers University 2017 Commerce Question 7

Practice objective / multiple choice question 7 from the 2017 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2017 Commerce Objective / Multiple Choice
Question 7 POST_UTME_REDEEMERS_UNIVERSITY • 2017 • COMMERCE • objective

A firm imports goods worth ₦5,000,000 and exports goods worth ₦3,000,000. What is the balance of trade?

Answer Options

Correct Answer A. ₦2,000,000
B. ₦1,000,000
C. ₦500,000
D. ₦2,500,000
Correct Answer
A
Correct Option:
₦2,000,000

About This Question

This is Post Utme Redeemers University 2017 Commerce Question 7. It is one of the objective questions from the 2017 Post Utme Redeemers University Commerce examination.

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