Post Utme Christopher University 2017 Economics Question 38

Practice objective / multiple choice question 38 from the 2017 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2017 Economics Objective / Multiple Choice
Question 38 POST_UTME_CHRISTOPHER_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 ₦500 billion, imports are ₦400 billion, foreign investment is ₦200 billion, and domestic investment is ₦300 billion, what is the country's balance of payments?

Answer Options

Correct Answer A. ₦100 billion
B. ₦200 billion
C. ₦300 billion
D. ₦400 billion
Correct Answer
A
Correct Option:
₦100 billion

About This Question

This is Post Utme Christopher University 2017 Economics Question 38. It is one of the objective questions from the 2017 Post Utme Christopher University Economics examination.

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