Post Utme Caleb University 2017 Economics Question 23

Practice objective / multiple choice question 23 from the 2017 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2017 Economics Objective / Multiple Choice
Question 23 POST_UTME_CALEB_UNIVERSITY • 2017 • ECONOMICS • objective

A country's balance of payments is given by the following equation: BOP = \( X - M \) + \( F - I \). If the country's exports are ₦100, imports are ₦80, foreign investment is ₦20, and domestic investment is ₦10, determine the balance of payments.

Answer Options

Correct Answer A. ₦30
B. ₦40
C. ₦50
D. ₦60
Correct Answer
A
Correct Option:
₦30

About This Question

This is Post Utme Caleb University 2017 Economics Question 23. It is one of the objective questions from the 2017 Post Utme Caleb University Economics examination.

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