Post Utme Babcock University 2025 Economics Question 35

Practice objective / multiple choice question 35 from the 2025 Post Utme Babcock University Economics examination.

Post Utme Babcock University 2025 Economics Objective / Multiple Choice
Question 35 POST_UTME_BABCOCK_UNIVERSITY • 2025 • ECONOMICS • objective

A country's balance of payments is given by the following equation: BOP = \( X - M \) + \( F - I \), where X is exports, M is imports, F is foreign investment, and I is domestic investment. If the country's exports increase by 15% and imports decrease by 10%, while foreign investment increases by 20% and domestic investment remains cons\tant, what is the percentage change in the balance of payments?

Answer Options

A. 5%
B. 10%
Correct Answer C. 15%
D. 20%
Correct Answer
C
Correct Option:
15%

About This Question

This is Post Utme Babcock University 2025 Economics Question 35. It is one of the objective questions from the 2025 Post Utme Babcock University Economics examination.

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