Post Utme Futa 2024 Economics Question 3
Practice objective / multiple choice question 3 from the 2024 Post Utme Futa Economics examination.
A country's balance of payments is given by the following table:\n| Category | Exports | Imports |\n| --- | --- | --- |\n| Goods | ₦1000 | ₦800 |\n| Services | ₦500 | ₦600 |\n| Transfer | ₦200 | ₦100 |\n| Total | ₦1700 | ₦1500 |\nIf the country's exchange rate is ₦5 per dollar, find the balance of payments.
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About This Question
This is Post Utme Futa 2024 Economics Question 3. It is one of the objective questions from the 2024 Post Utme Futa Economics examination.
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