Post Utme Rsu 2019 Economics Question 19

Practice objective / multiple choice question 19 from the 2019 Post Utme Rsu Economics examination.

Post Utme Rsu 2019 Economics Objective / Multiple Choice
Question 19 POST_UTME_RSU • 2019 • ECONOMICS • objective

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

Answer Options

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

About This Question

This is Post Utme Rsu 2019 Economics Question 19. It is one of the objective questions from the 2019 Post Utme Rsu Economics examination.

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