Post Utme Ims U 2019 Economics Question 20

Practice objective / multiple choice question 20 from the 2019 Post Utme Ims U Economics examination.

Post Utme Ims U 2019 Economics Objective / Multiple Choice
Question 20 POST_UTME_IMS_U • 2019 • ECONOMICS • objective

A country's balance of payments is given by BOP = X - M, where X is exports and M is imports. If the country's exports increase by 15% and imports remain cons\tant, what is the percentage change in the balance of payments?

Answer Options

Correct Answer A. 15%
B. 10%
C. 5%
D. 0%
Correct Answer
A
Correct Option:
15%

About This Question

This is Post Utme Ims U 2019 Economics Question 20. It is one of the objective questions from the 2019 Post Utme Ims U Economics examination.

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