Post Utme Delsu 2021 Economics Question 5

Practice objective / multiple choice question 5 from the 2021 Post Utme Delsu Economics examination.

Post Utme Delsu 2021 Economics Objective / Multiple Choice
Question 5 POST_UTME_DELSU • 2021 • ECONOMICS • objective

A country's balance of payments is given by the following equation: BOP = \( X - M \) + \( F - I \), where BOP is the balance of payments, X is the value of exports, M is the value of imports, F is the value of foreign investment, and I is the value of domestic investment. If the value of exports is $100, the value of imports is $80, the value of foreign investment is $20, and the value of domestic investment is $10, calculate the balance of payments.

Answer Options

A. $30
Correct Answer B. $40
C. $50
D. $60
Correct Answer
B
Correct Option:
$40

About This Question

This is Post Utme Delsu 2021 Economics Question 5. It is one of the objective questions from the 2021 Post Utme Delsu Economics examination.

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