Post Utme Crawford University 2023 Economics Question 22

Practice objective / multiple choice question 22 from the 2023 Post Utme Crawford University Economics examination.

Post Utme Crawford University 2023 Economics Objective / Multiple Choice
Question 22 POST_UTME_CRAWFORD_UNIVERSITY • 2023 • ECONOMICS • objective

A country's balance of payments is given by the following equation: BOP = \( X - M \) + \( F - I \). If the country's exports are $100 billion, imports are $80 billion, foreign investment is $20 billion, and domestic investment is $30 billion, what is the balance of payments?

Answer Options

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

About This Question

This is Post Utme Crawford University 2023 Economics Question 22. It is one of the objective questions from the 2023 Post Utme Crawford University Economics examination.

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