Post Utme Uniosun 2021 Commerce Question 19

Practice objective / multiple choice question 19 from the 2021 Post Utme Uniosun Commerce examination.

Post Utme Uniosun 2021 Commerce Objective / Multiple Choice
Question 19 POST_UTME_UNIOSUN • 2021 • COMMERCE • objective

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 imports increase by 15% and exports decrease by 5%, what is the percentage change in the trade deficit?

Answer Options

A. 10%
B. 15%
C. 20%
D. 25%
Correct Answer
N/A

About This Question

This is Post Utme Uniosun 2021 Commerce Question 19. It is one of the objective questions from the 2021 Post Utme Uniosun Commerce examination.

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