Post Utme Rhema University 2022 Economics Question 34
Practice objective / multiple choice question 34 from the 2022 Post Utme Rhema University Economics examination.
A country's balance of payments is given by the equation BOP = X - M + \( F - I \), where BOP is the balance of payments, X is the exports, M is the imports, F is the foreign investment, and I is the domestic investment. If the country's exports are ₦50 billion, imports are ₦30 billion, foreign investment is ₦20 billion, and domestic investment is ₦10 billion, what is the value of the balance of payments?
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About This Question
This is Post Utme Rhema University 2022 Economics Question 34. It is one of the objective questions from the 2022 Post Utme Rhema University Economics examination.
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