Post Utme Uniosun 2024 Economics Question 10

Practice objective / multiple choice question 10 from the 2024 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2024 Economics Objective / Multiple Choice
Question 10 POST_UTME_UNIOSUN • 2024 • ECONOMICS • objective

Suppose a country has a trade deficit of ₦100 billion and a current account deficit of ₦50 billion. If the country's exchange rate is fixed at ₦200 per dollar, calculate the country's balance of payments deficit.

Answer Options

A. ₦50 billion
B. ₦75 billion
Correct Answer C. ₦100 billion
D. ₦125 billion
Correct Answer
C
Correct Option:
₦100 billion

About This Question

This is Post Utme Uniosun 2024 Economics Question 10. It is one of the objective questions from the 2024 Post Utme Uniosun Economics examination.

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