Post Utme Coal City University 2024 Economics Question 2
Practice objective / multiple choice question 2 from the 2024 Post Utme Coal City University Economics examination.
A country's balance of payments is given by the following equation: BOP = \( X - M \) + \( F - I \), where X is exports, M is imports, F is foreign investment, and I is domestic investment. If the country's exports increase by 10%, imports decrease by 5%, foreign investment increases by 20%, and domestic investment decreases by 15%, what is the percentage change in the balance of payments?
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About This Question
This is Post Utme Coal City University 2024 Economics Question 2. It is one of the objective questions from the 2024 Post Utme Coal City University Economics examination.
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