Post Utme Esut 2020 Economics Question 7

Practice objective / multiple choice question 7 from the 2020 Post Utme Esut Economics examination.

Post Utme Esut 2020 Economics Objective / Multiple Choice
Question 7 POST_UTME_ESUT • 2020 • ECONOMICS • objective

A country's balance of payments is given by the following equation: BOP = \( X - M \) + \( F - I \), where X is exports, M is imports, F is foreign investment, and I is domestic investment. If X = 100, M = 80, F = 120, and I = 90, what is the balance of payments?

Answer Options

A. 10
B. 20
Correct Answer C. 30
D. 40
Correct Answer
C
Correct Option:
30

About This Question

This is Post Utme Esut 2020 Economics Question 7. It is one of the objective questions from the 2020 Post Utme Esut Economics examination.

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