Post Utme Nile University 2024 Economics Question 34
Practice objective / multiple choice question 34 from the 2024 Post Utme Nile University Economics examination.
A country's balance of payments is given by the following equation: BOP = X - M - \( I - S \), where BOP is the balance of payments, X is exports, M is imports, I is investment, and S is savings. If the country has exports of ₦100, imports of ₦80, investment of ₦50, and savings of ₦30, what is the balance of payments?
Answer Options
About This Question
This is Post Utme Nile University 2024 Economics Question 34. It is one of the objective questions from the 2024 Post Utme Nile University Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.