Post Utme Elizade University 2017 Economics Question 40

Practice objective / multiple choice question 40 from the 2017 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2017 Economics Objective / Multiple Choice
Question 40 POST_UTME_ELIZADE_UNIVERSITY • 2017 • ECONOMICS • objective

A country's balance of payments is given by the equation BOP = X - M. If the country's exports are ₦500 billion and imports are ₦400 billion, what is the country's balance of payments?

Answer Options

Correct Answer A. ₦100 billion
B. ₦200 billion
C. ₦300 billion
D. ₦400 billion
Correct Answer
A
Correct Option:
₦100 billion

About This Question

This is Post Utme Elizade University 2017 Economics Question 40. It is one of the objective questions from the 2017 Post Utme Elizade University Economics examination.

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