Post Utme Unilag 2023 Commerce Question 35

Practice objective / multiple choice question 35 from the 2023 Post Utme Unilag Commerce examination.

Post Utme Unilag 2023 Commerce Objective / Multiple Choice
Question 35 POST_UTME_UNILAG • 2023 • COMMERCE • objective

A firm's foreign trade involves importing goods worth ₦1,000,000 and exporting goods worth ₦500,000. What is the firm's balance of trade?

Answer Options

A. ₦500,000
Correct Answer B. ₦0
C. ₦500,000
D. ₦1,000,000
Correct Answer
B
Correct Option:
₦0

About This Question

This is Post Utme Unilag 2023 Commerce Question 35. It is one of the objective questions from the 2023 Post Utme Unilag Commerce examination.

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