Post Utme Skyline University 2019 Economics Question 15

Practice objective / multiple choice question 15 from the 2019 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2019 Economics Objective / Multiple Choice
Question 15 POST_UTME_SKYLINE_UNIVERSITY • 2019 • ECONOMICS • objective

A country's balance of payments is given by the equation BOP = X - M + F, where BOP is the balance of payments, X is the exports, M is the imports and F is the foreign investment. If the country's exports are $100 billion, its imports are $120 billion and its foreign investment is $20 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 Skyline University 2019 Economics Question 15. It is one of the objective questions from the 2019 Post Utme Skyline University Economics examination.

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