Post Utme Mountain Top University 2021 Economics Question 14

Practice objective / multiple choice question 14 from the 2021 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2021 Economics Objective / Multiple Choice
Question 14 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2021 • ECONOMICS • objective

A country's balance of payments is given by the following equation: BOP = X - M. If the country's exports are $100 billion and its imports are $80 billion, what is the balance of payments?

Answer Options

A. $10 billion
Correct Answer B. $20 billion
C. $30 billion
D. $40 billion
Correct Answer
B
Correct Option:
$20 billion

About This Question

This is Post Utme Mountain Top University 2021 Economics Question 14. It is one of the objective questions from the 2021 Post Utme Mountain Top University Economics examination.

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