Post Utme Summit University 2020 Economics Question 13

Practice objective / multiple choice question 13 from the 2020 Post Utme Summit University Economics examination.

Post Utme Summit University 2020 Economics Objective / Multiple Choice
Question 13 POST_UTME_SUMMIT_UNIVERSITY • 2020 • ECONOMICS • objective

A country's balance of payments is in equilibrium when the current account is equal to the capital account. What is the formula for the balance of payments equilibrium?

Answer Options

Correct Answer A. CA = KA
B. CA = -KA
C. CA + KA = 0
D. CA - KA = 0
Correct Answer
A
Correct Option:
CA = KA

About This Question

This is Post Utme Summit University 2020 Economics Question 13. It is one of the objective questions from the 2020 Post Utme Summit University Economics examination.

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