Post Utme Greenfield University 2024 Economics Question 37

Practice objective / multiple choice question 37 from the 2024 Post Utme Greenfield University Economics examination.

Post Utme Greenfield University 2024 Economics Objective / Multiple Choice
Question 37 POST_UTME_GREENFIELD_UNIVERSITY • 2024 • ECONOMICS • objective

A country's balance of payments is given by the following equation: \( BOP = X - M \), where ( X ) is exports and ( M ) is imports. If exports are ₦1,500 billion and imports are ₦1,200 billion, what is the balance of payments?

Answer Options

Correct Answer A. ₦300,000,000,000
B. ₦400,000,000,000
C. ₦500,000,000,000
D. ₦600,000,000,000
Correct Answer
A
Correct Option:
₦300,000,000,000

About This Question

This is Post Utme Greenfield University 2024 Economics Question 37. It is one of the objective questions from the 2024 Post Utme Greenfield University Economics examination.

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