Post Utme Uniosun 2025 Economics Question 35

Practice objective / multiple choice question 35 from the 2025 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2025 Economics Objective / Multiple Choice
Question 35 POST_UTME_UNIOSUN • 2025 • ECONOMICS • objective

A country's GDP is given by the equation GDP = C + I + G + \( X - M \). If the country's current GDP is $100 billion, and the values of C, I, G, X, and M are $20 billion, $30 billion, $10 billion, $50 billion, and $20 billion respectively, what will be the country's trade balance?

Answer Options

A. $10 billion surplus
Correct Answer B. $10 billion deficit
C. $20 billion surplus
D. $20 billion deficit
Correct Answer
B
Correct Option:
$10 billion deficit

About This Question

This is Post Utme Uniosun 2025 Economics Question 35. It is one of the objective questions from the 2025 Post Utme Uniosun Economics examination.

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