Post Utme Veritas University 2024 Commerce Question 18

Practice objective / multiple choice question 18 from the 2024 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2024 Commerce Objective / Multiple Choice
Question 18 POST_UTME_VERITAS_UNIVERSITY • 2024 • COMMERCE • objective

A country's trade balance is given by TB = X - M, where X is the value of exports and M is the value of imports. If the country's current trade balance is TB = 100 and the value of imports is M = 150, what is the value of exports?

Answer Options

A. 200
Correct Answer B. 250
C. 300
D. 350
Correct Answer
B
Correct Option:
250

About This Question

This is Post Utme Veritas University 2024 Commerce Question 18. It is one of the objective questions from the 2024 Post Utme Veritas University Commerce examination.

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