Post Utme Aaua 2020 Economics Question 28

Practice objective / multiple choice question 28 from the 2020 Post Utme Aaua Economics examination.

Post Utme Aaua 2020 Economics Objective / Multiple Choice
Question 28 POST_UTME_AAUA • 2020 • ECONOMICS • objective

A country's balance of payments is given by the following equation: BOP = \( X - M \) + \( F - I \). If the country's exports are ₦100 billion, imports are ₦80 billion, foreign investment is ₦20 billion, and domestic investment is ₦30 billion, what is the balance of payments?

Answer Options

A. ₦20 billion
B. ₦30 billion
Correct Answer C. ₦40 billion
D. ₦50 billion
Correct Answer
C
Correct Option:
₦40 billion

About This Question

This is Post Utme Aaua 2020 Economics Question 28. It is one of the objective questions from the 2020 Post Utme Aaua Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support