Post Utme Elizade University 2020 Economics Question 40

Practice objective / multiple choice question 40 from the 2020 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2020 Economics Objective / Multiple Choice
Question 40 POST_UTME_ELIZADE_UNIVERSITY • 2020 • ECONOMICS • objective

A country's balance of payments is given by the equation \( BOP = X - M + F - C \). If the country's exports are \( X = 1000 \), imports are \( M = 500 \), foreign aid is \( F = 200 \), and capital outflows are \( C = 300 \), find the country's balance of payments.

Answer Options

A. ₦200
B. ₦300
Correct Answer C. ₦400
D. ₦500
Correct Answer
C
Correct Option:
₦400

About This Question

This is Post Utme Elizade University 2020 Economics Question 40. It is one of the objective questions from the 2020 Post Utme Elizade University Economics examination.

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