Post Utme Skyline University 2019 Economics Question 20

Practice objective / multiple choice question 20 from the 2019 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2019 Economics Objective / Multiple Choice
Question 20 POST_UTME_SKYLINE_UNIVERSITY • 2019 • ECONOMICS • objective

A country's balance of payments is given by BOP = X - M, where X is the level of exports and M is the level of imports. If the level of exports is X = 100 and the level of imports is M = 80, what is the balance of payments (BOP) of the country?

Answer Options

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

About This Question

This is Post Utme Skyline University 2019 Economics Question 20. It is one of the objective questions from the 2019 Post Utme Skyline University Economics examination.

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