Post Utme Veritas University 2024 Commerce Question 20

Practice objective / multiple choice question 20 from the 2024 Post Utme Veritas University Commerce examination.

Post Utme Veritas University 2024 Commerce Objective / Multiple Choice
Question 20 POST_UTME_VERITAS_UNIVERSITY • 2024 • COMMERCE • objective

A country's current account balance is given by CAB = TB + NI, where TB is the trade balance and NI is the net investment income. If the country's current trade balance is TB = 100 and the net investment income is NI = 50, what is the current account balance?

Answer Options

A. 100
Correct Answer B. 150
C. 200
D. 250
Correct Answer
B
Correct Option:
150

About This Question

This is Post Utme Veritas University 2024 Commerce Question 20. It is one of the objective questions from the 2024 Post Utme Veritas University Commerce examination.

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