Post Utme Uniosun 2021 Commerce Question 15
Practice objective / multiple choice question 15 from the 2021 Post Utme Uniosun Commerce examination.
A country's trade deficit is given by the following equation: TD = X - M, where TD is the trade deficit, X is exports, and M is imports. If the country's exports increase by 15% and imports decrease by 5%, what is the percentage change in the trade deficit?
Answer Options
About This Question
This is Post Utme Uniosun 2021 Commerce Question 15. It is one of the objective questions from the 2021 Post Utme Uniosun Commerce examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.