Post Utme Bsu 2017 Economics Question 13

Practice objective / multiple choice question 13 from the 2017 Post Utme Bsu Economics examination.

Post Utme Bsu 2017 Economics Objective / Multiple Choice
Question 13 POST_UTME_BSU • 2017 • ECONOMICS • objective

A country's balance of payments account is given by the following equation: BOP = X - M. If the country's exports (X) are ₦100 billion and its imports (M) are ₦80 billion, what is its balance of payments?

Answer Options

Correct Answer A. ₦20 billion
B. ₦30 billion
C. ₦40 billion
D. ₦50 billion
Correct Answer
A
Correct Option:
₦20 billion

About This Question

This is Post Utme Bsu 2017 Economics Question 13. It is one of the objective questions from the 2017 Post Utme Bsu Economics examination.

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