Post Utme Bells University 2022 Economics Question 40

Practice objective / multiple choice question 40 from the 2022 Post Utme Bells University Economics examination.

Post Utme Bells University 2022 Economics Objective / Multiple Choice
Question 40 POST_UTME_BELLS_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 ₦1,500 billion and the value of imports is ₦1,200 billion, what is the value of the country's balance of payments?

Answer Options

A. ₦300 billion
B. ₦400 billion
Correct Answer C. ₦500 billion
D. ₦600 billion
Correct Answer
C
Correct Option:
₦500 billion

About This Question

This is Post Utme Bells University 2022 Economics Question 40. It is one of the objective questions from the 2022 Post Utme Bells University Economics examination.

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