Post Utme Ui 2020 Economics Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Ui Economics examination.

Post Utme Ui 2020 Economics Objective / Multiple Choice
Question 33 POST_UTME_UI • 2020 • ECONOMICS • objective

A country's GDP is $100 billion, its imports are $20 billion, and its exports are $25 billion. What is its balance of trade?

Answer Options

A. ₦5 billion
B. ₦10 billion
Correct Answer C. ₦15 billion
D. ₦20 billion
Correct Answer
C
Correct Option:
₦15 billion

About This Question

This is Post Utme Ui 2020 Economics Question 33. It is one of the objective questions from the 2020 Post Utme Ui Economics examination.

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