Post Utme Lasu 2017 Economics Question 26
Practice objective / multiple choice question 26 from the 2017 Post Utme Lasu Economics examination.
A country's balance of payments is given by the following equation: \( BOP = \( X - M \ \) + \( F - I \) ), where BOP is the balance of payments, X is exports, M is imports, F is foreign investment, and I is domestic investment. If the country's exports are ₦100 billion, imports are ₦80 billion, foreign investment is ₦20 billion, and domestic investment is ₦30 billion, what is the balance of payments?
Answer Options
About This Question
This is Post Utme Lasu 2017 Economics Question 26. It is one of the objective questions from the 2017 Post Utme Lasu Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.