Post Utme Osustech 2022 Economics Question 36

Practice objective / multiple choice question 36 from the 2022 Post Utme Osustech Economics examination.

Post Utme Osustech 2022 Economics Objective / Multiple Choice
Question 36 POST_UTME_OSUSTECH • 2022 • ECONOMICS • objective

A country's balance of payments is given by the equation BOP = X - M, where BOP is the balance of payments, X is the value of exports, and M is the value of imports. If the value of exports is 150 and the value of imports is 120, what is the balance of payments?

Answer Options

Correct Answer A. 10
B. 20
C. 30
D. 40
Correct Answer
A
Correct Option:
10

About This Question

This is Post Utme Osustech 2022 Economics Question 36. It is one of the objective questions from the 2022 Post Utme Osustech Economics examination.

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