Post Utme Coal City University 2025 Economics Question 31

Practice objective / multiple choice question 31 from the 2025 Post Utme Coal City University Economics examination.

Post Utme Coal City University 2025 Economics Objective / Multiple Choice
Question 31 POST_UTME_COAL_CITY_UNIVERSITY • 2025 • ECONOMICS • objective

A country's balance of payments is given by the following equation: BOP = X - M, where BOP is the balance of payments, X is exports, and M is imports. If exports increase by ₦100 billion and imports decrease by ₦50 billion, what is the new balance of payments?

Answer Options

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

About This Question

This is Post Utme Coal City University 2025 Economics Question 31. It is one of the objective questions from the 2025 Post Utme Coal City University Economics examination.

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