Post Utme Bsu 2023 Economics Question 13

Practice objective / multiple choice question 13 from the 2023 Post Utme Bsu Economics examination.

Post Utme Bsu 2023 Economics Objective / Multiple Choice
Question 13 POST_UTME_BSU • 2023 • ECONOMICS • objective

A country's balance of payments (BOP) is given by the following equation: BOP = X - M, where X is exports and M is imports. If the country's exports are ₦200 and imports are ₦150, what is the country's balance of payments?

Answer Options

Correct Answer A. ₦50
B. ₦100
C. ₦150
D. ₦200
Correct Answer
A
Correct Option:
₦50

About This Question

This is Post Utme Bsu 2023 Economics Question 13. It is one of the objective questions from the 2023 Post Utme Bsu 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