Post Utme Greenfield University 2021 Economics Question 18

Practice objective / multiple choice question 18 from the 2021 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2021 Economics Objective / Multiple Choice
Question 18 POST_UTME_GREENFIELD_UNIVERSITY • 2021 • ECONOMICS • objective

A country's balance of payments 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 100 and the value of imports is 80, what is the balance of payments?

Answer Options

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

About This Question

This is Post Utme Greenfield University 2021 Economics Question 18. It is one of the objective questions from the 2021 Post Utme Greenfield University 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