Post Utme Rhema University 2020 Economics Question 35
Practice objective / multiple choice question 35 from the 2020 Post Utme Rhema University Economics examination.
A country's trade balance is given by the equation TB = X - M, where TB is the trade balance, X is the export revenue, and M is the import exp\enditure. If the export revenue is ₦100 billion and the import exp\enditure is ₦120 billion, what is the value of the trade balance?
Answer Options
About This Question
This is Post Utme Rhema University 2020 Economics Question 35. It is one of the objective questions from the 2020 Post Utme Rhema University Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.