Post Utme Skyline University 2021 Economics Question 42

Practice objective / multiple choice question 42 from the 2021 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2021 Economics Objective / Multiple Choice
Question 42 POST_UTME_SKYLINE_UNIVERSITY • 2021 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of ₦500 billion and a current account deficit of ₦300 billion. If the country's capital account surplus is ₦200 billion, what is the value of its financial account deficit?

Answer Options

Correct Answer A. ₦700 billion
B. ₦800 billion
C. ₦900 billion
D. ₦1 trillion
Correct Answer
A
Correct Option:
₦700 billion

About This Question

This is Post Utme Skyline University 2021 Economics Question 42. It is one of the objective questions from the 2021 Post Utme Skyline University Economics examination.

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