Post Utme Futa 2022 Economics Question 8

Practice objective / multiple choice question 8 from the 2022 Post Utme Futa Economics examination.

Post Utme Futa 2022 Economics Objective / Multiple Choice
Question 8 POST_UTME_FUTA • 2022 • 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 value of exports, and M is the value of imports. If the value of exports is 100 and the value of imports is 80, what is 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 Futa 2022 Economics Question 8. It is one of the objective questions from the 2022 Post Utme Futa Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support