Post Utme Bells University 2023 Economics Question 28

Practice objective / multiple choice question 28 from the 2023 Post Utme Bells University Economics examination.

Post Utme Bells University 2023 Economics Objective / Multiple Choice
Question 28 POST_UTME_BELLS_UNIVERSITY • 2023 • ECONOMICS • objective

A country's balance of payments is given by the following equation: BOP = X - M - \( I - S \). If the country's exports are X = 100, imports are M = 50, and the current account deficit is \( I - S \) = 20, what is the balance of payments?

Answer Options

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

About This Question

This is Post Utme Bells University 2023 Economics Question 28. It is one of the objective questions from the 2023 Post Utme Bells University Economics examination.

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