Post Utme Uniport 2022 Economics Question 4

Practice objective / multiple choice question 4 from the 2022 Post Utme Uniport Economics examination.

Post Utme Uniport 2022 Economics Objective / Multiple Choice
Question 4 POST_UTME_UNIPORT • 2022 • ECONOMICS • objective

A country is experiencing a trade deficit of ₦500 billion. If the exchange rate is ₦200 per dollar, what is the value of the country's trade deficit in dollars?

Answer Options

A. $2.5 billion
B. $2.8 billion
Correct Answer C. $3 billion
D. $3.2 billion
Correct Answer
C
Correct Option:
$3 billion

About This Question

This is Post Utme Uniport 2022 Economics Question 4. It is one of the objective questions from the 2022 Post Utme Uniport Economics examination.

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