Post Utme Rhema University 2017 Economics Question 4

Practice objective / multiple choice question 4 from the 2017 Post Utme Rhema University Economics examination.

Post Utme Rhema University 2017 Economics Objective / Multiple Choice
Question 4 POST_UTME_RHEMA_UNIVERSITY • 2017 • ECONOMICS • objective

A country's balance of payments is given by the equation \( BOP = X - M + F - \( I - S \ \) ). If the country's exports are ₦600 billion, imports are ₦400 billion, foreign aid is ₦200 billion, and the country's investment is ₦300 billion and savings is ₦400 billion, find the country's balance of payments.

Answer Options

A. ₦100 billion
B. ₦200 billion
Correct Answer C. ₦300 billion
D. ₦400 billion
Correct Answer
C
Correct Option:
₦300 billion

About This Question

This is Post Utme Rhema University 2017 Economics Question 4. It is one of the objective questions from the 2017 Post Utme Rhema University Economics examination.

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