Post Utme Eksu 2018 Economics Question 10

Practice objective / multiple choice question 10 from the 2018 Post Utme Eksu Economics examination.

Post Utme Eksu 2018 Economics Objective / Multiple Choice
Question 10 POST_UTME_EKSU • 2018 • ECONOMICS • objective

The balance of payments (BOP) is a statistical statement that summarizes a country's transactions with the rest of the world. Which of the following is a correct statement regarding the components of the BOP?

Answer Options

A. The current account and the capital account are the two main components of the BOP.
B. The current account and the financial account are the two main components of the BOP.
Correct Answer C. The current account, the capital account, and the financial account are the three main components of the BOP.
D. The current account, the capital account, and the balance of trade are the three main components of the BOP.
Correct Answer
C
Correct Option:
The current account, the capital account, and the financial account are the three main components of the BOP.

About This Question

This is Post Utme Eksu 2018 Economics Question 10. It is one of the objective questions from the 2018 Post Utme Eksu Economics examination.

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