Post Utme Mountain Top University 2024 Economics Question 15

Practice objective / multiple choice question 15 from the 2024 Post Utme Mountain Top University Economics examination.

Post Utme Mountain Top University 2024 Economics Objective / Multiple Choice
Question 15 POST_UTME_MOUNTAIN_TOP_UNIVERSITY • 2024 • ECONOMICS • objective

A country's balance of payments is given by BOP = X - M. If the country's exports are ₦500 billion and imports are ₦300 billion, what is the balance of payments?

Answer Options

Correct Answer A. ₦200 billion
B. ₦300 billion
C. ₦400 billion
D. ₦500 billion
Correct Answer
A
Correct Option:
₦200 billion

About This Question

This is Post Utme Mountain Top University 2024 Economics Question 15. It is one of the objective questions from the 2024 Post Utme Mountain Top University Economics examination.

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