Post Utme Pan Atlantic University 2023 Economics Question 18
Practice objective / multiple choice question 18 from the 2023 Post Utme Pan Atlantic University Economics examination.
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 increases by 20% and the value of imports increases by 15%, calculate the percentage change in the balance of payments.
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About This Question
This is Post Utme Pan Atlantic University 2023 Economics Question 18. It is one of the objective questions from the 2023 Post Utme Pan Atlantic University Economics examination.
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