Post Utme Redeemers University 2025 Commerce Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Redeemers University Commerce examination.

Post Utme Redeemers University 2025 Commerce Objective / Multiple Choice
Question 28 POST_UTME_REDEEMERS_UNIVERSITY • 2025 • COMMERCE • objective

A country's trade deficit is given by the following equation:

Answer Options

Correct Answer A. The country's trade deficit is equal to its imports minus its exports.
B. The country's trade deficit is equal to its exports minus its imports.
C. The country's trade deficit is equal to its GDP minus its imports.
D. The country's trade deficit is equal to its GDP minus its exports.
Correct Answer
A
Correct Option:
The country's trade deficit is equal to its imports minus its exports.

About This Question

This is Post Utme Redeemers University 2025 Commerce Question 28. It is one of the objective questions from the 2025 Post Utme Redeemers University Commerce examination.

View More Post Utme Redeemers University 2025 Commerce Questions More Post Utme Redeemers University Practice Questions Back to Questions

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support