Post Utme Unilorin 2025 Economics Question 4

Practice objective / multiple choice question 4 from the 2025 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2025 Economics Objective / Multiple Choice
Question 4 POST_UTME_UNILORIN • 2025 • ECONOMICS • objective

Consider a country that imports 100 units of a good and exports 50 units of another good. If the country's trade balance is in deficit by 20 units, what is the value of the trade deficit?

Answer Options

A. ₦1000
Correct Answer B. ₦2000
C. ₦3000
D. ₦4000
Correct Answer
B
Correct Option:
₦2000

About This Question

This is Post Utme Unilorin 2025 Economics Question 4. It is one of the objective questions from the 2025 Post Utme Unilorin Economics examination.

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