Post Utme Ui 2020 Economics Question 28

Practice objective / multiple choice question 28 from the 2020 Post Utme Ui Economics examination.

Post Utme Ui 2020 Economics Objective / Multiple Choice

Question 28 POST_UTME_UI • 2020 • ECONOMICS • objective

A country's balance of payments account is in equilibrium when its

A. current account is in surplus and its capital account is in deficit

B. current account is in deficit and its capital account is in surplus

Correct Answer C. current account is in equilibrium and its capital account is in equilibrium

D. current account is in surplus and its capital account is in surplus

Correct Answer

Correct Option:

current account is in equilibrium and its capital account is in equilibrium

This is Post Utme Ui 2020 Economics Question 28. It is one of the objective questions from the 2020 Post Utme Ui Economics examination.

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