Post Utme Summit University 2019 Economics Question 12

Practice objective / multiple choice question 12 from the 2019 Post Utme Summit University Economics examination.

Post Utme Summit University 2019 Economics Objective / Multiple Choice

Question 12 POST_UTME_SUMMIT_UNIVERSITY • 2019 • ECONOMICS • objective

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

Answer Options

Correct Answer A. -$50 million

B. $50 million

C. $100 million

D. $150 million

Correct Answer

Correct Option:

-$50 million

About This Question

This is Post Utme Summit University 2019 Economics Question 12. It is one of the objective questions from the 2019 Post Utme Summit University Economics examination.

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