Post Utme Skyline University 2020 Economics Question 33

Practice objective / multiple choice question 33 from the 2020 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2020 Economics Objective / Multiple Choice
Question 33 POST_UTME_SKYLINE_UNIVERSITY • 2020 • 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 value of exports, and M is the value of imports. If the value of exports is 100 and the value of imports is 80, what is the balance of payments?

Answer Options

Correct Answer A. 10
B. 20
C. 30
D. 40
Correct Answer
A
Correct Option:
10

About This Question

This is Post Utme Skyline University 2020 Economics Question 33. It is one of the objective questions from the 2020 Post Utme Skyline University Economics examination.

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