Post Utme Esut 2023 Economics Question 18

Practice objective / multiple choice question 18 from the 2023 Post Utme Esut Economics examination.

Post Utme Esut 2023 Economics Objective / Multiple Choice
Question 18 POST_UTME_ESUT • 2023 • ECONOMICS • objective

A country's balance of payments account is given by the equation BOP = X - M, where BOP is the balance of payments, X is the value of exports, and M is the value of imports. If the value of exports is ₦100 and the value of imports is ₦80, find the balance of payments.

Answer Options

Correct Answer A. ₦20
B. ₦30
C. ₦40
D. ₦50
Correct Answer
A
Correct Option:
₦20

About This Question

This is Post Utme Esut 2023 Economics Question 18. It is one of the objective questions from the 2023 Post Utme Esut Economics examination.

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