Post Utme Caleb University 2023 Economics Question 15

Practice objective / multiple choice question 15 from the 2023 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2023 Economics Objective / Multiple Choice
Question 15 POST_UTME_CALEB_UNIVERSITY • 2023 • ECONOMICS • objective

A country's balance of payments is given by the equation BOP = X - M + \( F - I \). If the country's exports are X = 1000, its imports are M = 800, its foreign direct investment is F = 200, and its foreign investment income is I = 50, what is the country's balance of payments?

Answer Options

Correct Answer A. BOP = 350
B. BOP = 400
C. BOP = 450
D. BOP = 500
Correct Answer
A
Correct Option:
BOP = 350

About This Question

This is Post Utme Caleb University 2023 Economics Question 15. It is one of the objective questions from the 2023 Post Utme Caleb University Economics examination.

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