Post Utme Abu 2022 Economics Question 33

Practice objective / multiple choice question 33 from the 2022 Post Utme Abu Economics examination.

Post Utme Abu 2022 Economics Objective / Multiple Choice
Question 33 POST_UTME_ABU • 2022 • 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 export, and M is the import. If the export is ₦100 and the import is ₦80, what is the balance of payments?

Answer Options

A. ₦20
B. ₦40
Correct Answer C. ₦60
D. ₦80
Correct Answer
C
Correct Option:
₦60

About This Question

This is Post Utme Abu 2022 Economics Question 33. It is one of the objective questions from the 2022 Post Utme Abu Economics examination.

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