Post Utme Afe Babalola University 2021 Economics Question 19

Practice objective / multiple choice question 19 from the 2021 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2021 Economics Objective / Multiple Choice
Question 19 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2021 • ECONOMICS • objective

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

Answer Options

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

About This Question

This is Post Utme Afe Babalola University 2021 Economics Question 19. It is one of the objective questions from the 2021 Post Utme Afe Babalola University Economics examination.

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