Post Utme Uniport 2017 Economics Question 3

Practice objective / multiple choice question 3 from the 2017 Post Utme Uniport Economics examination.

Post Utme Uniport 2017 Economics Objective / Multiple Choice

Question 3 POST_UTME_UNIPORT • 2017 • ECONOMICS • objective

Consider a small open economy with a trade balance of $100 million and a current account deficit of $50 million. What is the value of the country's net foreign assets?

Answer Options

Correct Answer A. ( $150 million )

B. ( $200 million )

C. ( $250 million )

D. ( $300 million )

Correct Answer

Correct Option:

( $150 million )

About This Question

This is Post Utme Uniport 2017 Economics Question 3. It is one of the objective questions from the 2017 Post Utme Uniport Economics examination.

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