Post Utme Afe Babalola University 2025 Economics Question 39

Practice objective / multiple choice question 39 from the 2025 Post Utme Afe Babalola University Economics examination.

Post Utme Afe Babalola University 2025 Economics Objective / Multiple Choice
Question 39 POST_UTME_AFE_BABALOLA_UNIVERSITY • 2025 • 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 value of exports, and M is the value of imports. If the value of exports is ₦100,000 and the value of imports is ₦80,000, what is the balance of payments?

Answer Options

Correct Answer A. ₦20,000
B. ₦30,000
C. ₦40,000
D. ₦50,000
Correct Answer
A
Correct Option:
₦20,000

About This Question

This is Post Utme Afe Babalola University 2025 Economics Question 39. It is one of the objective questions from the 2025 Post Utme Afe Babalola University Economics examination.

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