Post Utme Rhema University 2019 Commerce Question 4

Practice objective / multiple choice question 4 from the 2019 Post Utme Rhema University Commerce examination.

Post Utme Rhema University 2019 Commerce Objective / Multiple Choice
Question 4 POST_UTME_RHEMA_UNIVERSITY • 2019 • COMMERCE • objective

A country's balance of payments account is given by the following equation: BOP = X - M. If the country's exports are ₦100 billion, and its imports are ₦80 billion, what is the balance of payments?

Answer Options

Correct Answer A. ₦20 billion
B. ₦30 billion
C. ₦40 billion
D. ₦50 billion
Correct Answer
A
Correct Option:
₦20 billion

About This Question

This is Post Utme Rhema University 2019 Commerce Question 4. It is one of the objective questions from the 2019 Post Utme Rhema University Commerce examination.

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