Post Utme Unilag 2024 Commerce Question 40

Practice objective / multiple choice question 40 from the 2024 Post Utme Unilag Commerce examination.

Post Utme Unilag 2024 Commerce Objective / Multiple Choice
Question 40 POST_UTME_UNILAG • 2024 • COMMERCE • objective

A country's balance of payments accounts for the difference between its imports and exports. If the country's imports are ₦80 billion and its exports are ₦60 billion, what is the country's balance of payments deficit?

Answer Options

A. ₦20 billion
Correct Answer B. ₦40 billion
C. ₦60 billion
D. ₦80 billion
Correct Answer
B
Correct Option:
₦40 billion

About This Question

This is Post Utme Unilag 2024 Commerce Question 40. It is one of the objective questions from the 2024 Post Utme Unilag Commerce examination.

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