Post Utme Uniosun 2019 Economics Question 27

Practice objective / multiple choice question 27 from the 2019 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2019 Economics Objective / Multiple Choice
Question 27 POST_UTME_UNIOSUN • 2019 • ECONOMICS • objective

A country's balance of payments is given by the following equation: \( BOP = \( X - M \ \) + \( F - I \) ). If the country's exports are ₦500 billion, imports are ₦600 billion, foreign investment is ₦200 billion, and domestic investment is ₦300 billion, what is the country's balance of payments?

Answer Options

Correct Answer A. ₦-100 billion
B. ₦100 billion
C. ₦200 billion
D. ₦500 billion
Correct Answer
A
Correct Option:
₦-100 billion

About This Question

This is Post Utme Uniosun 2019 Economics Question 27. It is one of the objective questions from the 2019 Post Utme Uniosun Economics examination.

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