Post Utme Eksu 2024 Economics Question 22

Practice objective / multiple choice question 22 from the 2024 Post Utme Eksu Economics examination.

Post Utme Eksu 2024 Economics Objective / Multiple Choice
Question 22 POST_UTME_EKSU • 2024 • ECONOMICS • objective

A country's balance of payments is given by the following equation: BOP = \( X - M \) + \( F - I \), where X is exports, M is imports, F is foreign investment, and I is domestic investment. If the country's current exports and imports are 100 and 80 respectively, and foreign investment and domestic investment are 50 and 30 respectively, what is the balance of payments?

Answer Options

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

About This Question

This is Post Utme Eksu 2024 Economics Question 22. It is one of the objective questions from the 2024 Post Utme Eksu Economics examination.

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