Post Utme Uniport 2019 Economics Question 33

Practice objective / multiple choice question 33 from the 2019 Post Utme Uniport Economics examination.

Post Utme Uniport 2019 Economics Objective / Multiple Choice
Question 33 POST_UTME_UNIPORT • 2019 • ECONOMICS • objective

A country's GDP is $100 billion, its imports are $20 billion, and its exports are $30 billion. What is its balance of trade?

Answer Options

A. $10 billion
Correct Answer B. $20 billion
C. $30 billion
D. $40 billion
Correct Answer
B
Correct Option:
$20 billion

About This Question

This is Post Utme Uniport 2019 Economics Question 33. It is one of the objective questions from the 2019 Post Utme Uniport Economics examination.

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