Post Utme Elizade University 2021 Economics Question 25

Practice objective / multiple choice question 25 from the 2021 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2021 Economics Objective / Multiple Choice
Question 25 POST_UTME_ELIZADE_UNIVERSITY • 2021 • ECONOMICS • objective

A country's balance of payments (BOP) is given by BOP = X - M + \( F - I \). If the country's exports (X) are ₦80 billion, imports (M) are ₦30 billion, foreign investment (F) is ₦20 billion, and foreign investment outflows (I) are ₦10 billion, what is the country's BOP?

Answer Options

A. ₦60 billion
B. ₦70 billion
Correct Answer C. ₦80 billion
D. ₦90 billion
Correct Answer
C
Correct Option:
₦80 billion

About This Question

This is Post Utme Elizade University 2021 Economics Question 25. It is one of the objective questions from the 2021 Post Utme Elizade University Economics examination.

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