Post Utme Osustech 2017 Economics Question 40

Practice objective / multiple choice question 40 from the 2017 Post Utme Osustech Economics examination.

Post Utme Osustech 2017 Economics Objective / Multiple Choice
Question 40 POST_UTME_OSUSTECH • 2017 • ECONOMICS • objective

A country's balance of payments is given by the following equation: BOP = X - M - \( I - S \). If the country's exports are $X = 100$, imports are $M = 50$, investment is $I = 20$, and savings are $S = 10$, find the country's balance of payments.

Answer Options

Correct Answer A. $BOP = 40$
B. $BOP = 50$
C. $BOP = 60$
D. $BOP = 70$
Correct Answer
A
Correct Option:
$BOP = 40$

About This Question

This is Post Utme Osustech 2017 Economics Question 40. It is one of the objective questions from the 2017 Post Utme Osustech Economics examination.

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