Post Utme Bowen University 2019 Economics Question 32

Practice objective / multiple choice question 32 from the 2019 Post Utme Bowen University Economics examination.

Post Utme Bowen University 2019 Economics Objective / Multiple Choice
Question 32 POST_UTME_BOWEN_UNIVERSITY • 2019 • ECONOMICS • objective

Consider a country's balance of payments (BOP) account, which includes the current account and the capital account. Suppose the country's current account is in deficit by $100 million, and the capital account is in surplus by $150 million. What is the overall balance of payments (BOP) balance?

Answer Options

Correct Answer A. -$50 million
B. $50 million
C. $100 million
D. $150 million
Correct Answer
A
Correct Option:
-$50 million

About This Question

This is Post Utme Bowen University 2019 Economics Question 32. It is one of the objective questions from the 2019 Post Utme Bowen University Economics examination.

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