Post Utme Babcock University 2020 Economics Question 17

Practice objective / multiple choice question 17 from the 2020 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2020 Economics Objective / Multiple Choice
Question 17 POST_UTME_BABCOCK_UNIVERSITY • 2020 • ECONOMICS • objective

A country's balance of payments account is given by the following equation: BOP = \( X - M \) + \( F - I \). If the country's trade balance is in surplus by ₦100 billion and the current account is in deficit by ₦50 billion, what is the value of the capital account?

Answer Options

A. ₦50 billion
B. ₦75 billion
Correct Answer C. ₦100 billion
D. ₦125 billion
Correct Answer
C
Correct Option:
₦100 billion

About This Question

This is Post Utme Babcock University 2020 Economics Question 17. It is one of the objective questions from the 2020 Post Utme Babcock University Economics examination.

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