Post Utme Christopher University 2022 Economics Question 17

Practice objective / multiple choice question 17 from the 2022 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2022 Economics Objective / Multiple Choice
Question 17 POST_UTME_CHRISTOPHER_UNIVERSITY • 2022 • ECONOMICS • objective

A country's balance of payments (BOP) is given by the following equation: BOP = X - M, where X is the value of exports and M is the value of imports. If the country's exports are valued at ₦150 billion and its imports are valued at ₦200 billion, what is the balance of payments?

Answer Options

Correct Answer A. ₦50 billion
B. ₦100 billion
C. ₦150 billion
D. ₦200 billion
Correct Answer
A
Correct Option:
₦50 billion

About This Question

This is Post Utme Christopher University 2022 Economics Question 17. It is one of the objective questions from the 2022 Post Utme Christopher University Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support