Post Utme Skyline University 2025 Economics Question 7

Practice objective / multiple choice question 7 from the 2025 Post Utme Skyline University Economics examination.

Post Utme Skyline University 2025 Economics Objective / Multiple Choice
Question 7 POST_UTME_SKYLINE_UNIVERSITY • 2025 • ECONOMICS • objective

A country's balance of payments (BOP) is given by the following equation: BOP = X - M, where X is the value of exports and M is the value of imports. If the country's exports are valued at ₦100 billion and its imports are valued at ₦120 billion, what is the country's 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 2025 Economics Question 7. It is one of the objective questions from the 2025 Post Utme Skyline University Economics examination.

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