Post Utme Esut 2020 Economics Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Esut Economics examination.

Post Utme Esut 2020 Economics Objective / Multiple Choice
Question 33 POST_UTME_ESUT • 2020 • ECONOMICS • objective

A country's balance of payments is given by the following equation: BOP = X - M + F - I. If the country's exports are ₦500 billion, imports are ₦300 billion, foreign investment is ₦200 billion, and interest payments are ₦100 billion, what is the country's balance of payments?

Answer Options

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

About This Question

This is Post Utme Esut 2020 Economics Question 33. It is one of the objective questions from the 2020 Post Utme Esut Economics examination.

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