Post Utme Unn 2018 Commerce Question 23

Practice objective / multiple choice question 23 from the 2018 Post Utme Unn Commerce examination.

Post Utme Unn 2018 Commerce Objective / Multiple Choice
Question 23 POST_UTME_UNN • 2018 • COMMERCE • objective

A foreign trade agreement between two countries involves the exchange of goods worth ₦1,000,000. If the exchange rate is 1 USD = ₦500, what is the equivalent value of the goods in USD?

Answer Options

A. 2,000
Correct Answer B. 2,500
C. 3,000
D. 4,000
Correct Answer
B
Correct Option:
2,500

About This Question

This is Post Utme Unn 2018 Commerce Question 23. It is one of the objective questions from the 2018 Post Utme Unn Commerce examination.

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