Post Utme Mountain Top University 2018 Economics Question 20

Practice objective / multiple choice question 20 from the 2018 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2018 Economics Objective / Multiple Choice
Question 20 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2018 • 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 country's exports are 400 and imports are 200, what is the balance of payments?

Answer Options

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

About This Question

This is Post Utme Mountain Top University 2018 Economics Question 20. It is one of the objective questions from the 2018 Post Utme Mountain Top University Economics examination.

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