Post Utme Unilorin 2022 Economics Question 23

Practice objective / multiple choice question 23 from the 2022 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2022 Economics Objective / Multiple Choice

Question 23 POST_UTME_UNILORIN • 2022 • ECONOMICS • objective

A country's balance of payments account shows a trade deficit of ₦500 billion and a current account deficit of ₦200 billion. If the capital account surplus is ₦300 billion, calculate the overall balance of payments deficit.

Answer Options

A. ₦200 billion

Correct Answer B. ₦300 billion

C. ₦400 billion

D. ₦500 billion

Correct Answer

Correct Option:

₦300 billion

About This Question

This is Post Utme Unilorin 2022 Economics Question 23. It is one of the objective questions from the 2022 Post Utme Unilorin Economics examination.

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