Post Utme Ims U 2024 Economics Question 4

Practice objective / multiple choice question 4 from the 2024 Post Utme Ims U Economics examination.

Post Utme Ims U 2024 Economics Objective / Multiple Choice
Question 4 POST_UTME_IMS_U • 2024 • ECONOMICS • objective

A country's balance of payments account is given by the following equation: \( BOP = X - M \), where ( X ) is the value of exports and ( M ) is the value of imports. If the country's exports are ( 100 ) and its imports are ( 80 ), what is the balance of payments?

Answer Options

Correct Answer A. ( 20 )
B. ( 30 )
C. ( 40 )
D. ( 50 )
Correct Answer
A
Correct Option:
( 20 )

About This Question

This is Post Utme Ims U 2024 Economics Question 4. It is one of the objective questions from the 2024 Post Utme Ims U Economics examination.

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