Post Utme Pan Atlantic University 2024 Economics Question 7
Practice objective / multiple choice question 7 from the 2024 Post Utme Pan Atlantic University Economics examination.
A country's balance of payments is given by the following equation: BOP = \( X - M \) + \( F - I \), where X is the exports, M is the imports, F is the foreign investment and I is the domestic investment. If the country's exports increase by 10%, imports decrease by 5%, foreign investment increases by 15% and domestic investment decreases by 10%, what is the percentage change in the balance of payments?
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About This Question
This is Post Utme Pan Atlantic University 2024 Economics Question 7. It is one of the objective questions from the 2024 Post Utme Pan Atlantic University Economics examination.
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