Post Utme Achievers University 2020 Economics Question 39

Practice objective / multiple choice question 39 from the 2020 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2020 Economics Objective / Multiple Choice
Question 39 POST_UTME_ACHIEVERS_UNIVERSITY • 2020 • ECONOMICS • objective

A country's balance of payments account is given by the following equation: BOP = X - M + F - I. What does each variable represent?

Answer Options

Correct Answer A. X = Exports, M = Imports, F = Foreign Investment, I = Domestic Investment
B. X = Imports, M = Exports, F = Domestic Investment, I = Foreign Investment
C. X = Foreign Investment, M = Domestic Investment, F = Exports, I = Imports
D. X = Domestic Investment, M = Foreign Investment, F = Imports, I = Exports
Correct Answer
A
Correct Option:
X = Exports, M = Imports, F = Foreign Investment, I = Domestic Investment

About This Question

This is Post Utme Achievers University 2020 Economics Question 39. It is one of the objective questions from the 2020 Post Utme Achievers University Economics examination.

View More Post Utme Achievers University 2020 Economics Questions More Post Utme Achievers University Practice Questions Back to Questions

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