Neco Model Questions Vol1 2018 Commerce Question 39
Practice objective / multiple choice question 39 from the 2018 Neco Model Questions Vol1 Commerce examination.
Given the following external transactions for a year (in US$ billions): exports of goods 3.5, imports of goods 5.2; exports of services 0.8, imports of services 0.6; primary income received 0.4, primary income paid 0.9; transfers received 0.2, transfers sent 0.5. Calculate Nigeria's current‑account balance and state whether it is a surplus or a deficit.
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About This Question
This is Neco Model Questions Vol1 2018 Commerce Question 39. It is one of the objective questions from the 2018 Neco Model Questions Vol1 Commerce examination.
Difficulty level: Medium .
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