Post Utme Uniosun 2024 Economics Question 3

Practice objective / multiple choice question 3 from the 2024 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2024 Economics Objective / Multiple Choice
Question 3 POST_UTME_UNIOSUN • 2024 • ECONOMICS • objective

Consider a country with a trade deficit of ₦500 billion and a current account deficit of ₦200 billion. If the country's GDP is ₦10 trillion, calculate the country's balance of payments deficit.

Answer Options

A. ₦300 billion
B. ₦400 billion
Correct Answer C. ₦500 billion
D. ₦600 billion
Correct Answer
C
Correct Option:
₦500 billion

About This Question

This is Post Utme Uniosun 2024 Economics Question 3. It is one of the objective questions from the 2024 Post Utme Uniosun Economics examination.

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