Post Utme Skyline University 2022 Economics Question 13

Practice objective / multiple choice question 13 from the 2022 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2022 Economics Objective / Multiple Choice
Question 13 POST_UTME_SKYLINE_UNIVERSITY • 2022 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of $100 million, a capital account surplus of $50 million, and a current account deficit of $150 million. What is the overall balance of payments position?

Answer Options

A. $50 million surplus
B. $100 million deficit
Correct Answer C. $150 million deficit
D. $200 million surplus
Correct Answer
C
Correct Option:
$150 million deficit

About This Question

This is Post Utme Skyline University 2022 Economics Question 13. It is one of the objective questions from the 2022 Post Utme Skyline University Economics examination.

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