Post Utme Redeemers University 2018 Economics Question 15

Practice objective / multiple choice question 15 from the 2018 Post Utme Redeemers University Economics examination.

Post Utme Redeemers University 2018 Economics Objective / Multiple Choice
Question 15 POST_UTME_REDEEMERS_UNIVERSITY • 2018 • ECONOMICS • objective

A country's balance of payments is given by BOP = X - M, where BOP is the balance of payments, X is the exports, and M is the imports. Find the equilibrium value of the balance of payments.

Answer Options

A. ₦50
Correct Answer B. ₦60
C. ₦70
D. ₦80
Correct Answer
B
Correct Option:
₦60

About This Question

This is Post Utme Redeemers University 2018 Economics Question 15. It is one of the objective questions from the 2018 Post Utme Redeemers University Economics examination.

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