Post Utme Christopher University 2022 Economics Question 29

Practice objective / multiple choice question 29 from the 2022 Post Utme Christopher University Economics examination.

Post Utme Christopher University 2022 Economics Objective / Multiple Choice
Question 29 POST_UTME_CHRISTOPHER_UNIVERSITY • 2022 • ECONOMICS • objective

A country's balance of payments is given by the equation BOP = X - M, where X is the value of exports and M is the value of imports. If the value of exports is $100 million and the value of imports is $150 million, find the balance of payments.

Answer Options

Correct Answer A. -$50 million
B. $50 million
C. $100 million
D. $150 million
Correct Answer
A
Correct Option:
-$50 million

About This Question

This is Post Utme Christopher University 2022 Economics Question 29. It is one of the objective questions from the 2022 Post Utme Christopher University Economics examination.

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