Post Utme Esut 2021 Economics Question 25

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

Post Utme Esut 2021 Economics Objective / Multiple Choice
Question 25 POST_UTME_ESUT • 2021 • ECONOMICS • objective

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

Answer Options

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

About This Question

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

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