Post Utme Wellspring University 2017 Economics Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2017 Economics Objective / Multiple Choice
Question 23 POST_UTME_WELLSPRING_UNIVERSITY • 2017 • ECONOMICS • objective

Consider a country with a trade balance of ₦100 billion and a current account balance of ₦50 billion. If the country's GDP is ₦500 billion, what is the country's net foreign assets?

Answer Options

Correct Answer A. ₦150 billion
B. ₦200 billion
C. ₦250 billion
D. ₦300 billion
Correct Answer
A
Correct Option:
₦150 billion

About This Question

This is Post Utme Wellspring University 2017 Economics Question 23. It is one of the objective questions from the 2017 Post Utme Wellspring University Economics examination.

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