Post Utme Lead City University 2017 Economics Question 22

Practice objective / multiple choice question 22 from the 2017 Post Utme Lead City University Economics examination.

Post Utme Lead City University 2017 Economics Objective / Multiple Choice
Question 22 POST_UTME_LEAD_CITY_UNIVERSITY • 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 exports, and M is the imports. If the exports are 100 and the imports are 75, find the balance of payments.

Answer Options

A. 25
Correct Answer B. 50
C. 75
D. 100
Correct Answer
B
Correct Option:
50

About This Question

This is Post Utme Lead City University 2017 Economics Question 22. It is one of the objective questions from the 2017 Post Utme Lead City University Economics examination.

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