Post Utme Oau 2018 Economics Question 39

Practice objective / multiple choice question 39 from the 2018 Post Utme Oau Economics examination.

Post Utme Oau 2018 Economics Objective / Multiple Choice
Question 39 POST_UTME_OAU • 2018 • ECONOMICS • objective

A country's balance of payments (BOP) is given by the following equation: BOP = X - M, where X is exports and M is imports. If the country's exports are ₦100 billion and its imports are ₦120 billion, calculate the country's balance of payments.

Answer Options

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

About This Question

This is Post Utme Oau 2018 Economics Question 39. It is one of the objective questions from the 2018 Post Utme Oau Economics examination.

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