Post Utme Unilorin 2024 Economics Question 20
Practice objective / multiple choice question 20 from the 2024 Post Utme Unilorin Economics examination.
A country has a trade deficit of ₦5 trillion and a GDP of ₦15 trillion. If the trade deficit is financed by foreign borrowing, what is the percentage change in the country's debt-to-GDP ratio when the trade deficit increases by 20%?
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About This Question
This is Post Utme Unilorin 2024 Economics Question 20. It is one of the objective questions from the 2024 Post Utme Unilorin Economics examination.
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