Post Utme Skyline University 2024 Economics Question 2

Practice objective / multiple choice question 2 from the 2024 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2024 Economics Objective / Multiple Choice
Question 2 POST_UTME_SKYLINE_UNIVERSITY • 2024 • ECONOMICS • objective

A country's GDP is ₦1,200 billion, its imports are ₦300 billion, and its exports are ₦250 billion. What is the country's balance of trade?

Answer Options

Correct Answer A. ₦50 billion
B. ₦100 billion
C. ₦150 billion
D. ₦200 billion
Correct Answer
A
Correct Option:
₦50 billion

About This Question

This is Post Utme Skyline University 2024 Economics Question 2. It is one of the objective questions from the 2024 Post Utme Skyline University Economics examination.

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