Post Utme Skyline University 2017 Economics Question 7

Practice objective / multiple choice question 7 from the 2017 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2017 Economics Objective / Multiple Choice
Question 7 POST_UTME_SKYLINE_UNIVERSITY • 2017 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of ₦100 billion and a capital account surplus of ₦50 billion. What is the overall balance of payments position?

Answer Options

A. ₦50 billion surplus
Correct Answer B. ₦0 billion
C. ₦50 billion deficit
D. ₦100 billion deficit
Correct Answer
B
Correct Option:
₦0 billion

About This Question

This is Post Utme Skyline University 2017 Economics Question 7. It is one of the objective questions from the 2017 Post Utme Skyline University Economics examination.

View More Post Utme Skyline University 2017 Economics Questions More Post Utme Skyline 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