Post Utme Uniosun 2019 Economics Question 17
Practice objective / multiple choice question 17 from the 2019 Post Utme Uniosun Economics examination.
A country's balance of payments is given by the following equation: BOP = \( X - M \) + \( F - I \), where X is exports, M is imports, F is foreign investment, and I is domestic investment. If the country's exports increase by 15% and imports decrease by 10%, while foreign investment increases by 20% and domestic investment remains cons\tant, what is the new balance of payments?
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About This Question
This is Post Utme Uniosun 2019 Economics Question 17. It is one of the objective questions from the 2019 Post Utme Uniosun Economics examination.
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