Post Utme Coal City University 2021 Economics Question 35

Practice objective / multiple choice question 35 from the 2021 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2021 Economics Objective / Multiple Choice
Question 35 POST_UTME_COAL_CITY_UNIVERSITY • 2021 • ECONOMICS • objective

A country's balance of payments is given by the following equation: BOP = X - M - \( I - S \). If the country's exports are 100 billion naira, imports are 80 billion naira, and the current account deficit is 20 billion naira, what is the capital account balance?

Answer Options

A. 10 billion naira
Correct Answer B. 20 billion naira
C. 30 billion naira
D. 40 billion naira
Correct Answer
B
Correct Option:
20 billion naira

About This Question

This is Post Utme Coal City University 2021 Economics Question 35. It is one of the objective questions from the 2021 Post Utme Coal City University Economics examination.

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