Post Utme Bsu 2017 Economics Question 25

Practice objective / multiple choice question 25 from the 2017 Post Utme Bsu Economics examination.

Post Utme Bsu 2017 Economics Objective / Multiple Choice
Question 25 POST_UTME_BSU • 2017 • ECONOMICS • objective

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

Answer Options

Correct Answer A. ( 20 ) billion naira
B. ( 30 ) billion naira
C. ( 40 ) billion naira
D. ( 50 ) billion naira
Correct Answer
A
Correct Option:
( 20 ) billion naira

About This Question

This is Post Utme Bsu 2017 Economics Question 25. It is one of the objective questions from the 2017 Post Utme Bsu Economics examination.

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