Post Utme Joseph Ayo Babalola University 2019 Economics Question 25

Practice objective / multiple choice question 25 from the 2019 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2019 Economics Objective / Multiple Choice
Question 25 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2019 • ECONOMICS • objective

A country's balance of payments account is given by the following equation: BOP = X - M + F - I. If the country's exports are ₦1000, imports are ₦500, foreign investment is ₦200, and interest payments are ₦300, what is the country's balance of payments?

Answer Options

Correct Answer A. BOP = ₦200
B. BOP = ₦300
C. BOP = ₦400
D. BOP = ₦500
Correct Answer
A
Correct Option:
BOP = ₦200

About This Question

This is Post Utme Joseph Ayo Babalola University 2019 Economics Question 25. It is one of the objective questions from the 2019 Post Utme Joseph Ayo Babalola University Economics examination.

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