Post Utme Caleb University 2024 Economics Question 5

Practice objective / multiple choice question 5 from the 2024 Post Utme Caleb University Economics examination.

Post Utme Caleb University 2024 Economics Objective / Multiple Choice
Question 5 POST_UTME_CALEB_UNIVERSITY • 2024 • ECONOMICS • objective

A country's balance of payments is given by the equation BOP = X - M + \( F - I \). If the country's exports, imports, foreign investment, and domestic investment are ₦100 billion, ₦80 billion, ₦20 billion, and ₦30 billion respectively, what is the country's balance of payments?

Answer Options

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

About This Question

This is Post Utme Caleb University 2024 Economics Question 5. It is one of the objective questions from the 2024 Post Utme Caleb University Economics examination.

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