Post Utme Skyline University 2019 Economics Question 5
Practice objective / multiple choice question 5 from the 2019 Post Utme Skyline University Economics examination.
A country's balance of payments is given by the equation \( BOP = X - M \), where BOP is the balance of payments, X is the value of exports, and M is the value of imports. If the value of exports increases by 15% and the value of imports decreases by 10%, what is the new balance of payments?
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About This Question
This is Post Utme Skyline University 2019 Economics Question 5. It is one of the objective questions from the 2019 Post Utme Skyline University Economics examination.
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