Post Utme Eksu 2019 Economics Question 33

Practice objective / multiple choice question 33 from the 2019 Post Utme Eksu Economics examination.

Post Utme Eksu 2019 Economics Objective / Multiple Choice
Question 33 POST_UTME_EKSU • 2019 • ECONOMICS • objective

A country's balance of payments is given by the equation BOP = X - M, where X is the value of exports and M is the value of imports. If the country's exports are ₦500 billion and its imports are ₦600 billion, find the country's balance of payments.

Answer Options

Correct Answer A. ₦-100 billion
B. ₦100 billion
C. ₦500 billion
D. ₦600 billion
Correct Answer
A
Correct Option:
₦-100 billion

About This Question

This is Post Utme Eksu 2019 Economics Question 33. It is one of the objective questions from the 2019 Post Utme Eksu Economics examination.

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