Post Utme Unilag 2023 Economics Question 13

Practice objective / multiple choice question 13 from the 2023 Post Utme Unilag Economics examination.

Post Utme Unilag 2023 Economics Objective / Multiple Choice
Question 13 POST_UTME_UNILAG • 2023 • ECONOMICS • objective

A country's balance of payments is given by the following equation: BOP = X - M - I. If the country's exports (X) are $100 billion, imports (M) are $80 billion, and investment (I) 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 Unilag 2023 Economics Question 13. It is one of the objective questions from the 2023 Post Utme Unilag Economics examination.

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