Post Utme Ksu 2022 Economics Question 39

Practice objective / multiple choice question 39 from the 2022 Post Utme Ksu Economics examination.

Post Utme Ksu 2022 Economics Objective / Multiple Choice
Question 39 POST_UTME_KSU • 2022 • ECONOMICS • objective

A country's balance of payments (BOP) is given by BOP = X - M, where X is the value of exports and M is the value of imports. If the country's exports are valued at ₦100 billion and its imports are valued at ₦120 billion, what is the value of the BOP?

Answer Options

Correct Answer A. ₦20 billion
B. ₦30 billion
C. ₦40 billion
D. ₦50 billion
Correct Answer
A
Correct Option:
₦20 billion

About This Question

This is Post Utme Ksu 2022 Economics Question 39. It is one of the objective questions from the 2022 Post Utme Ksu Economics examination.

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