Post Utme Nile University 2017 Economics Question 14

Practice objective / multiple choice question 14 from the 2017 Post Utme Nile University Economics examination.

Post Utme Nile University 2017 Economics Objective / Multiple Choice
Question 14 POST_UTME_NILE_UNIVERSITY • 2017 • 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 $100 billion and imports are $80 billion, what is the value of the country's balance of payments?

Answer Options

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

About This Question

This is Post Utme Nile University 2017 Economics Question 14. It is one of the objective questions from the 2017 Post Utme Nile University Economics examination.

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