Post Utme Achievers University 2024 Economics Question 29

Practice objective / multiple choice question 29 from the 2024 Post Utme Achievers University Economics examination.

Post Utme Achievers University 2024 Economics Objective / Multiple Choice
Question 29 POST_UTME_ACHIEVERS_UNIVERSITY • 2024 • ECONOMICS • objective

A country's balance of payments is given by the following table:\n\n| Category | Value |\n| --- | --- |\n| Exports | ₦100,000,000 |\n| Imports | ₦150,000,000 |\n| Net Factor Income | ₦20,000,000 |\n| Net Transfer | ₦10,000,000 |\n| Balance of Payments | ? |\n\nWhat is the balance of payments?

Answer Options

Correct Answer A. ₦-40,000,000
B. ₦-30,000,000
C. ₦-20,000,000
D. ₦-10,000,000
Correct Answer
A
Correct Option:
₦-40,000,000

About This Question

This is Post Utme Achievers University 2024 Economics Question 29. It is one of the objective questions from the 2024 Post Utme Achievers University Economics examination.

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