Post Utme Al Hikmah University 2021 Economics Question 34

Practice objective / multiple choice question 34 from the 2021 Post Utme Al Hikmah University Economics examination.

Post Utme Al Hikmah University 2021 Economics Objective / Multiple Choice
Question 34 POST_UTME_AL-HIKMAH_UNIVERSITY • 2021 • ECONOMICS • objective

A country's balance of payments is given by the equation BOP = X - M + \( F - I \), where BOP is the balance of payments, X is the exports, M is the imports, F is the foreign investment, and I is the domestic investment. If the country's exports are $50 billion, imports are $40 billion, foreign investment is $10 billion, and domestic investment is $20 billion, what is the country's balance of payments?

Answer Options

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

About This Question

This is Post Utme Al Hikmah University 2021 Economics Question 34. It is one of the objective questions from the 2021 Post Utme Al Hikmah University Economics examination.

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