Post Utme Uniport 2024 Economics Question 14

Practice objective / multiple choice question 14 from the 2024 Post Utme Uniport Economics examination.

Post Utme Uniport 2024 Economics Objective / Multiple Choice
Question 14 POST_UTME_UNIPORT • 2024 • ECONOMICS • objective

A country's trade balance is in deficit by ₦500 billion. If the country's exports are ₦1.2 trillion, and its imports are ₦1.7 trillion, what is the value of the country's net foreign assets?

Answer Options

A. ₦1.2 trillion
B. ₦1.5 trillion
C. ₦1.8 trillion
Correct Answer D. ₦2.0 trillion
Correct Answer
D
Correct Option:
₦2.0 trillion

About This Question

This is Post Utme Uniport 2024 Economics Question 14. It is one of the objective questions from the 2024 Post Utme Uniport Economics examination.

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