Post Utme Unilag 2025 Economics Question 24

Practice objective / multiple choice question 24 from the 2025 Post Utme Unilag Economics examination.

Post Utme Unilag 2025 Economics Objective / Multiple Choice

Question 24 POST_UTME_UNILAG • 2025 • ECONOMICS • objective

A country is experiencing a trade deficit of ₦200 billion. What is the effect on its balance of payments?

Answer Options

A. The balance of payments will improve

Correct Answer B. The balance of payments will worsen

C. The balance of payments will remain unchanged

D. The balance of payments will be affected by other factors

Correct Answer

Correct Option:

The balance of payments will worsen

About This Question

This is Post Utme Unilag 2025 Economics Question 24. It is one of the objective questions from the 2025 Post Utme Unilag Economics examination.

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