Post Utme Ui 2021 Economics Question 28

Practice objective / multiple choice question 28 from the 2021 Post Utme Ui Economics examination.

Post Utme Ui 2021 Economics Objective / Multiple Choice
Question 28 POST_UTME_UI • 2021 • ECONOMICS • objective

A country's balance of payments (BOP) account is in deficit, with a trade deficit of ₦100 billion and a capital account surplus of ₦50 billion. U\sing the BOP identity, calculate the current account deficit.

Answer Options

A. ₦50 billion
Correct Answer B. ₦75 billion
C. ₦100 billion
D. ₦125 billion
Correct Answer
B
Correct Option:
₦75 billion

About This Question

This is Post Utme Ui 2021 Economics Question 28. It is one of the objective questions from the 2021 Post Utme Ui Economics examination.

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