Post Utme Unilorin 2022 Economics Question 39

Practice objective / multiple choice question 39 from the 2022 Post Utme Unilorin Economics examination.

Post Utme Unilorin 2022 Economics Objective / Multiple Choice
Question 39 POST_UTME_UNILORIN • 2022 • ECONOMICS • objective

A country's balance of payments (BOP) accounts are given by the following equations: Current Account = $100 million, Capital Account = $50 million, and Financial Account = $20 million. What is the country's overall balance of payments position?

Answer Options

Correct Answer A. $170 million surplus
B. $170 million deficit
C. $180 million surplus
D. $180 million deficit
Correct Answer
A
Correct Option:
$170 million surplus

About This Question

This is Post Utme Unilorin 2022 Economics Question 39. It is one of the objective questions from the 2022 Post Utme Unilorin Economics examination.

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