Post Utme Ksu 2017 Economics Question 29

Practice objective / multiple choice question 29 from the 2017 Post Utme Ksu Economics examination.

Post Utme Ksu 2017 Economics Objective / Multiple Choice
Question 29 POST_UTME_KSU • 2017 • ECONOMICS • objective

A country's balance of payments is given by the equation BOP = X - M, where BOP is the balance of payments, X is the value of exports, and M is the value of imports. If the value of exports is ₦100 and the value of imports is ₦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 Ksu 2017 Economics Question 29. It is one of the objective questions from the 2017 Post Utme Ksu Economics examination.

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