Post Utme Veritas University 2022 Economics Question 27

Practice objective / multiple choice question 27 from the 2022 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2022 Economics Objective / Multiple Choice
Question 27 POST_UTME_VERITAS_UNIVERSITY • 2022 • ECONOMICS • objective

A country's GDP is 100 billion naira. If the country's imports are 20 billion naira and its exports are 15 billion naira, what is its balance of payments?

Answer Options

A. 5 billion naira
B. 10 billion naira
Correct Answer C. 15 billion naira
D. 20 billion naira
Correct Answer
C
Correct Option:
15 billion naira

About This Question

This is Post Utme Veritas University 2022 Economics Question 27. It is one of the objective questions from the 2022 Post Utme Veritas University Economics examination.

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