Post Utme Redeemers University 2023 Economics Question 4

Practice objective / multiple choice question 4 from the 2023 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2023 Economics Objective / Multiple Choice
Question 4 POST_UTME_REDEEMERS_UNIVERSITY • 2023 • ECONOMICS • objective

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

Answer Options

Correct Answer A. $50 million surplus
B. $100 million deficit
C. $150 million surplus
D. $200 million deficit
Correct Answer
A
Correct Option:
$50 million surplus

About This Question

This is Post Utme Redeemers University 2023 Economics Question 4. It is one of the objective questions from the 2023 Post Utme Redeemers University Economics examination.

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