Post Utme Unn 2017 Economics Question 33

Practice objective / multiple choice question 33 from the 2017 Post Utme Unn Economics examination.

Post Utme Unn 2017 Economics Objective / Multiple Choice
Question 33 POST_UTME_UNN • 2017 • ECONOMICS • objective

A country's balance of payments is in equilibrium when the current account and capital account are equal. Which of the following is a correct statement?

Answer Options

A. The current account is always equal to the capital account.
B. The current account is always greater than the capital account.
C. The capital account is always greater than the current account.
Correct Answer D. The balance of payments is always in equilibrium.
Correct Answer
D
Correct Option:
The balance of payments is always in equilibrium.

About This Question

This is Post Utme Unn 2017 Economics Question 33. It is one of the objective questions from the 2017 Post Utme Unn Economics examination.

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