Post Utme Madonna University 2024 Economics Question 30

Practice objective / multiple choice question 30 from the 2024 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2024 Economics Objective / Multiple Choice
Question 30 POST_UTME_MADONNA_UNIVERSITY • 2024 • ECONOMICS • objective

A country's balance of payments is given by the 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. U\sing the concept of international trade, find the value of BOP if X = 150, M = 100, F = 50, and I = 75.

Answer Options

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

About This Question

This is Post Utme Madonna University 2024 Economics Question 30. It is one of the objective questions from the 2024 Post Utme Madonna University Economics examination.

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