Post Utme Wellspring University 2018 Economics Question 12

Practice objective / multiple choice question 12 from the 2018 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2018 Economics Objective / Multiple Choice
Question 12 POST_UTME_WELLSPRING_UNIVERSITY • 2018 • ECONOMICS • objective

A country's balance of payments is in equilibrium when the current account is balanced with the capital account

Answer Options

A. and the trade deficit is zero
B. and the trade surplus is zero
C. and the capital account is zero
Correct Answer D. and the current account is zero
Correct Answer
D
Correct Option:
and the current account is zero

About This Question

This is Post Utme Wellspring University 2018 Economics Question 12. It is one of the objective questions from the 2018 Post Utme Wellspring University Economics examination.

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