Post Utme Christopher University 2019 Economics Question 25

Practice objective / multiple choice question 25 from the 2019 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2019 Economics Objective / Multiple Choice
Question 25 POST_UTME_CHRISTOPHER_UNIVERSITY • 2019 • ECONOMICS • objective

A country's balance of payments can be calculated u\sing the following formula: BOP = X - M + \( F - I \). If the country's exports are ₦200 billion, imports are ₦150 billion, foreign investment is ₦50 billion, and domestic investment is ₦75 billion, what is the country's balance of payments?

Answer Options

A. ₦25 billion
Correct Answer B. ₦50 billion
C. ₦75 billion
D. ₦100 billion
Correct Answer
B
Correct Option:
₦50 billion

About This Question

This is Post Utme Christopher University 2019 Economics Question 25. It is one of the objective questions from the 2019 Post Utme Christopher University Economics examination.

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