Post Utme Joseph Ayo Babalola University 2024 Economics Question 39

Practice objective / multiple choice question 39 from the 2024 Post Utme Joseph Ayo Babalola University Economics examination.

Post Utme Joseph Ayo Babalola University 2024 Economics Objective / Multiple Choice
Question 39 POST_UTME_JOSEPH_AYO_BABALOLA_UNIVERSITY • 2024 • ECONOMICS • objective

A country's balance of payments is given by BOP = X - M, where BOP is balance of payments, X is exports, and M is imports. If the country's exports and imports are ₦1000 and ₦800 respectively, what is the country's balance of payments?

Answer Options

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

About This Question

This is Post Utme Joseph Ayo Babalola University 2024 Economics Question 39. It is one of the objective questions from the 2024 Post Utme Joseph Ayo Babalola University Economics examination.

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