Post Utme Bells University 2025 Economics Question 28

Practice objective / multiple choice question 28 from the 2025 Post Utme Bells University Economics examination.

Post Utme Bells University 2025 Economics Objective / Multiple Choice
Question 28 POST_UTME_BELLS_UNIVERSITY • 2025 • ECONOMICS • objective

A country's balance of payments is given by the following equation: \( BOP = X - M \), where X is the value of exports and M is the value of imports. If the country's exports are ₦500 billion and its imports are ₦700 billion, what is the country's balance of payments?

Answer Options

Correct Answer A. ₦-200 billion
B. ₦200 billion
C. ₦500 billion
D. ₦700 billion
Correct Answer
A
Correct Option:
₦-200 billion

About This Question

This is Post Utme Bells University 2025 Economics Question 28. It is one of the objective questions from the 2025 Post Utme Bells University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support