Post Utme Oau 2024 Economics Question 14

Practice objective / multiple choice question 14 from the 2024 Post Utme Oau Economics examination.

Post Utme Oau 2024 Economics Objective / Multiple Choice
Question 14 POST_UTME_OAU • 2024 • ECONOMICS • objective

A country's balance of payments is given by the equation BOP = X - M + \( F - I \), where BOP is balance of payments, X is exports, M is imports, F is foreign investment, and I is domestic investment. If the country's exports, imports, foreign investment, and domestic investment are 100, 40, 20, and 30 respectively, what is its balance of payments?

Answer Options

A. 30
B. 40
Correct Answer C. 50
D. 60
Correct Answer
C
Correct Option:
50

About This Question

This is Post Utme Oau 2024 Economics Question 14. It is one of the objective questions from the 2024 Post Utme Oau Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support