Post Utme Abu 2018 Economics Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Abu Economics examination.

Post Utme Abu 2018 Economics Objective / Multiple Choice
Question 20 POST_UTME_ABU • 2018 • ECONOMICS • objective

A country's balance of payments is given by the equation BOP = X - M, where BOP is the balance of payments, X is the exports, and M is the imports. If the country's exports are ₦1000 and the imports are ₦800, what is the balance of payments?

Answer Options

Correct Answer A. ₦200
B. ₦300
C. ₦400
D. ₦500
Correct Answer
A
Correct Option:
₦200

About This Question

This is Post Utme Abu 2018 Economics Question 20. It is one of the objective questions from the 2018 Post Utme Abu Economics examination.

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