Post Utme Uniben 2021 Economics Question 13

Practice objective / multiple choice question 13 from the 2021 Post Utme Uniben Economics examination.

Post Utme Uniben 2021 Economics Objective / Multiple Choice
Question 13 POST_UTME_UNIBEN • 2021 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of ₦100 billion. If the country's exchange rate is ₦200 per dollar, what is the equivalent trade deficit in dollars?

Answer Options

A. ₦500 billion
B. ₦750 billion
C. ₦1000 billion
Correct Answer D. ₦1250 billion
Correct Answer
D
Correct Option:
₦1250 billion

About This Question

This is Post Utme Uniben 2021 Economics Question 13. It is one of the objective questions from the 2021 Post Utme Uniben Economics examination.

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