Post Utme Redeemers University 2019 Economics Question 12

Practice objective / multiple choice question 12 from the 2019 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2019 Economics Objective / Multiple Choice

Question 12 POST_UTME_REDEEMERS_UNIVERSITY • 2019 • ECONOMICS • objective

A country's balance of payments (BOP) is in equilibrium when the current account (CA) equals the capital account (KA). If the CA is $100 million and the KA is $150 million, what is the net capital outflow (NCO) in the BOP?

Answer Options

A. $50 million

Correct Answer B. $100 million

C. $150 million

D. $200 million

Correct Answer

Correct Option:

$100 million

About This Question

This is Post Utme Redeemers University 2019 Economics Question 12. It is one of the objective questions from the 2019 Post Utme Redeemers University Economics examination.

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