Post Utme Summit University 2023 Economics Question 40
Practice objective / multiple choice question 40 from the 2023 Post Utme Summit University Economics examination.
A country's trade balance is given by the equation TB = X - M, where TB is trade balance, X is exports, and M is imports. If the country's exports are ₦2 trillion and imports are ₦1.5 trillion, what is the trade balance?
Answer Options
About This Question
This is Post Utme Summit University 2023 Economics Question 40. It is one of the objective questions from the 2023 Post Utme Summit University Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.