Post Utme Ui 2017 Economics Question 31

Practice objective / multiple choice question 31 from the 2017 Post Utme Ui Economics examination.

Post Utme Ui 2017 Economics Objective / Multiple Choice
Question 31 POST_UTME_UI • 2017 • 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 country's overall balance of payments position?

Answer Options

A. Surplus of $100 million
Correct Answer B. Deficit of $100 million
C. Surplus of $50 million
D. Deficit of $150 million
Correct Answer
B
Correct Option:
Deficit of $100 million

About This Question

This is Post Utme Ui 2017 Economics Question 31. It is one of the objective questions from the 2017 Post Utme Ui Economics examination.

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