Post Utme Elizade University 2023 Economics Question 10

Practice objective / multiple choice question 10 from the 2023 Post Utme Elizade University Economics examination.

Post Utme Elizade University 2023 Economics Objective / Multiple Choice
Question 10 POST_UTME_ELIZADE_UNIVERSITY • 2023 • ECONOMICS • objective

A country's balance of payments (BOP) is given by BOP = X - M, where X is the exports and M is the imports. If the country's exports are ₦1000 and imports are ₦800, what is the country's BOP?

Answer Options

Correct Answer A. ₦200
B. ₦100
C. ₦0
D. ₦-200
Correct Answer
A
Correct Option:
₦200

About This Question

This is Post Utme Elizade University 2023 Economics Question 10. It is one of the objective questions from the 2023 Post Utme Elizade University Economics examination.

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