Post Utme Ims U 2024 Economics Question 15

Practice objective / multiple choice question 15 from the 2024 Post Utme Ims U Economics examination.

Post Utme Ims U 2024 Economics Objective / Multiple Choice
Question 15 POST_UTME_IMS_U • 2024 • ECONOMICS • objective

A country's balance of payments is given by the following table:\n| Item | Value |\n| --- | --- |\n| Exports | ₦500,000,000 |\n| Imports | ₦600,000,000 |\n| Net factor income from abroad | ₦100,000,000 |\n| Net transfers | ₦200,000,000 |\n| Balance of payments | ? |\n\nCalculate the value of the balance of payments.

Answer Options

A. ₦100,000,000
B. ₦200,000,000
C. ₦300,000,000
Correct Answer D. ₦400,000,000
Correct Answer
D
Correct Option:
₦400,000,000

About This Question

This is Post Utme Ims U 2024 Economics Question 15. It is one of the objective questions from the 2024 Post Utme Ims U Economics examination.

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