Post Utme Esut 2017 Economics Question 18

Practice objective / multiple choice question 18 from the 2017 Post Utme Esut Economics examination.

Post Utme Esut 2017 Economics Objective / Multiple Choice
Question 18 POST_UTME_ESUT • 2017 • ECONOMICS • objective

A country's balance of payments is given by the following equation: \( BOP = X - M \), where (BOP) is the balance of payments, (X) is the exports, and (M) is the imports. If the exports are $100 and the imports are $80, 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 Esut 2017 Economics Question 18. It is one of the objective questions from the 2017 Post Utme Esut Economics examination.

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