Post Utme Lasu 2022 Economics Question 19

Practice objective / multiple choice question 19 from the 2022 Post Utme Lasu Economics examination.

Post Utme Lasu 2022 Economics Objective / Multiple Choice
Question 19 POST_UTME_LASU • 2022 • ECONOMICS • objective

A country's balance of payments account 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 ₦5,000,000,000 and the value of imports is ₦3,000,000,000, what is the balance of payments?

Answer Options

Correct Answer A. ₦2,000,000,000
B. ₦4,000,000,000
C. ₦6,000,000,000
D. ₦8,000,000,000
Correct Answer
A
Correct Option:
₦2,000,000,000

About This Question

This is Post Utme Lasu 2022 Economics Question 19. It is one of the objective questions from the 2022 Post Utme Lasu Economics examination.

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