Post Utme Igbinedion University 2020 Economics Question 4
Practice objective / multiple choice question 4 from the 2020 Post Utme Igbinedion University Economics examination.
The balance of payments (BOP) accounts for a country can be represented by the following equation: BOP = CA + FA + IA. If the current account (CA) is in surplus by ₦100 billion, the financial account (FA) is in deficit by ₦50 billion, and the income account (IA) is in surplus by ₦20 billion, what is the overall balance of payments?
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This is Post Utme Igbinedion University 2020 Economics Question 4. It is one of the objective questions from the 2020 Post Utme Igbinedion University Economics examination.
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