Post Utme Aaua 2021 Economics Question 29

Practice objective / multiple choice question 29 from the 2021 Post Utme Aaua Economics examination.

Post Utme Aaua 2021 Economics Objective / Multiple Choice
Question 29 POST_UTME_AAUA • 2021 • ECONOMICS • objective

A country's balance of payments is given by BOP = X - M, where X is the country's exports and M is its imports. If the country's exports are ₦500 billion and its imports are ₦600 billion, what is the country's balance of payments?

Answer Options

Correct Answer A. ₦-100 billion
B. ₦100 billion
C. ₦500 billion
D. ₦600 billion
Correct Answer
A
Correct Option:
₦-100 billion

About This Question

This is Post Utme Aaua 2021 Economics Question 29. It is one of the objective questions from the 2021 Post Utme Aaua Economics examination.

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