Post Utme Unilorin 2019 Economics Question 8
Practice objective / multiple choice question 8 from the 2019 Post Utme Unilorin Economics examination.
A country's balance of payments is given by the following equation: BOP = X - M + \( F - I \), where BOP is the balance of payments, X is exports, M is imports, F is foreign investment, and I is interest payments. If the country's exports are ₦100 billion, imports are ₦80 billion, foreign investment is ₦20 billion, and interest payments are ₦10 billion, what is the balance of payments?
Answer Options
About This Question
This is Post Utme Unilorin 2019 Economics Question 8. It is one of the objective questions from the 2019 Post Utme Unilorin Economics examination.
Master the Exam!
You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.