Post Utme Noun 2022 Economics Question 4

Practice objective / multiple choice question 4 from the 2022 Post Utme Noun Economics examination.

Post Utme Noun 2022 Economics Objective / Multiple Choice
Question 4 POST_UTME_NOUN • 2022 • ECONOMICS • objective

A country's balance of payments (BOP) is given by the equation BOP = X - M, where X is the value of exports and M is the value of imports. If the value of exports is ₦100 and the value of imports is ₦80, what is the balance of payments?

Answer Options

Correct Answer A. ₦20
B. ₦30
C. ₦40
D. ₦50
Correct Answer
A
Correct Option:
₦20

About This Question

This is Post Utme Noun 2022 Economics Question 4. It is one of the objective questions from the 2022 Post Utme Noun Economics examination.

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