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Uganda's Balance of Payments Quiz
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Uganda's Balance of Payments Quiz

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Questions and Answers

Which of the following is a key component of Uganda's current account?

  • Government subsidies
  • Trade in goods and services (correct)
  • Foreign direct investment
  • Domestic savings and investments

    • What was the trade deficit of Uganda in 2022?

  • $1.5 billion
  • $3.5 billion
  • $500 million
  • $2 billion (correct)

    • Which of the following are Uganda's main exports?

  • Textiles and apparel
  • Oil and natural gas
  • Gold and diamonds
  • Coffee and tea (correct)

    • What sector has been growing steadily in Uganda, including tourism and transport?

    <p>Services sector</p> Signup and view all the answers

    What does Uganda's balance of payments reflect?

    <p>Economic transactions with the rest of the world</p> Signup and view all the answers

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