Post Utme Uniben 2019 Economics Question 22

Practice objective / multiple choice question 22 from the 2019 Post Utme Uniben Economics examination.

Post Utme Uniben 2019 Economics Objective / Multiple Choice
Question 22 POST_UTME_UNIBEN • 2019 • ECONOMICS • objective

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

Answer Options

Correct Answer A. current account deficit equals its capital account surplus
B. current account surplus equals its capital account deficit
C. current account deficit equals its trade deficit
D. current account surplus equals its trade surplus
Correct Answer
A
Correct Option:
current account deficit equals its capital account surplus

About This Question

This is Post Utme Uniben 2019 Economics Question 22. It is one of the objective questions from the 2019 Post Utme Uniben Economics examination.

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