Post Utme Veritas University 2025 Economics Question 34

Practice objective / multiple choice question 34 from the 2025 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2025 Economics Objective / Multiple Choice
Question 34 POST_UTME_VERITAS_UNIVERSITY • 2025 • ECONOMICS • objective

Consider a country's balance of payments account. If the country's current account surplus is 10 billion naira, and its capital account deficit is 5 billion naira, what is the country's overall balance of payments position?

Answer Options

Correct Answer A. 5 billion naira deficit
B. 5 billion naira surplus
C. 10 billion naira surplus
D. 10 billion naira deficit
Correct Answer
A
Correct Option:
5 billion naira deficit

About This Question

This is Post Utme Veritas University 2025 Economics Question 34. It is one of the objective questions from the 2025 Post Utme Veritas University Economics examination.

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