Post Utme Rsu 2018 Economics Question 32

Practice objective / multiple choice question 32 from the 2018 Post Utme Rsu Economics examination.

Post Utme Rsu 2018 Economics Objective / Multiple Choice
Question 32 POST_UTME_RSU • 2018 • ECONOMICS • objective

A country's balance of payments account is in equilibrium when its

Answer Options

A. current account is in surplus
B. capital account is in surplus
Correct Answer C. trade balance is in equilibrium
D. foreign exchange reserves are zero
Correct Answer
C
Correct Option:
trade balance is in equilibrium

About This Question

This is Post Utme Rsu 2018 Economics Question 32. It is one of the objective questions from the 2018 Post Utme Rsu Economics examination.

View More Post Utme Rsu 2018 Economics Questions More Post Utme Rsu 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