Post Utme Igbinedion University 2019 Economics Question 8
Practice objective / multiple choice question 8 from the 2019 Post Utme Igbinedion University Economics examination.
A country's balance of payments is given by the following equation: BOP = \( X - M \) + \( F - I \), where BOP is the balance of payments, X is the value of exports, M is the value of imports, F is the value of foreign investment, and I is the value of domestic investment. If the value of exports is ₦100, the value of imports is ₦80, the value of foreign investment is ₦20, and the value of domestic investment is ₦10, what is the balance of payments?
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About This Question
This is Post Utme Igbinedion University 2019 Economics Question 8. It is one of the objective questions from the 2019 Post Utme Igbinedion University Economics examination.
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