Post Utme Madonna University 2025 Economics Question 37

Practice objective / multiple choice question 37 from the 2025 Post Utme Madonna University Economics examination.

Post Utme Madonna University 2025 Economics Objective / Multiple Choice
Question 37 POST_UTME_MADONNA_UNIVERSITY • 2025 • ECONOMICS • objective

A country's balance of payments (BOP) is given by the equation BOP = X - M, where X is the value of exports and M is the value of imports. If the value of exports is ₦1,500 and the value of imports is ₦1,200, what is the balance of payments?

Answer Options

Correct Answer A. ₦300
B. ₦400
C. ₦500
D. ₦600
Correct Answer
A
Correct Option:
₦300

About This Question

This is Post Utme Madonna University 2025 Economics Question 37. It is one of the objective questions from the 2025 Post Utme Madonna University Economics examination.

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