Post Utme Madonna University 2022 Economics Question 40

Practice objective / multiple choice question 40 from the 2022 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2022 Economics Objective / Multiple Choice
Question 40 POST_UTME_MADONNA_UNIVERSITY • 2022 • ECONOMICS • objective

A country's balance of payments (BOP) accounts are given by the following equations: BOP = X - M, where X is the value of exports and M is the value of imports. If the country's trade deficit is $100 million, what is the value of its trade surplus?

Answer Options

A. $100 million
Correct Answer B. $200 million
C. $300 million
D. $400 million
Correct Answer
B
Correct Option:
$200 million

About This Question

This is Post Utme Madonna University 2022 Economics Question 40. It is one of the objective questions from the 2022 Post Utme Madonna University Economics examination.

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