Post Utme Bells University 2025 Economics Question 8

Practice objective / multiple choice question 8 from the 2025 Post Utme Bells University Economics examination.

Post Utme Bells University 2025 Economics Objective / Multiple Choice
Question 8 POST_UTME_BELLS_UNIVERSITY • 2025 • ECONOMICS • objective

A country's balance of payments is given by the following equation: BOP = X - M + \( F - I \), where BOP is the balance of payments, X is exports, M is imports, F is foreign investment, and I is interest payments. If the country's exports are ₦1,200 billion, imports are ₦1,000 billion, foreign investment is ₦200 billion, and interest payments are ₦100 billion, what is the value of the country's balance of payments?

Answer Options

A. ₦100 billion
B. ₦200 billion
Correct Answer C. ₦300 billion
D. ₦400 billion
Correct Answer
C
Correct Option:
₦300 billion

About This Question

This is Post Utme Bells University 2025 Economics Question 8. It is one of the objective questions from the 2025 Post Utme Bells University Economics examination.

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