Post Utme Afe Babalola University 2022 Economics Question 18

Practice objective / multiple choice question 18 from the 2022 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2022 Economics Objective / Multiple Choice
Question 18 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2022 • ECONOMICS • objective

A country's balance of payments is given by the equation BOP = X - M, where X is the value of exports and M is the value of imports. If the value of exports is 100 and the value of imports is 80, find the balance of payments.

Answer Options

Correct Answer A. 10
B. 20
C. 30
D. 40
Correct Answer
A
Correct Option:
10

About This Question

This is Post Utme Afe Babalola University 2022 Economics Question 18. It is one of the objective questions from the 2022 Post Utme Afe Babalola University Economics examination.

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