Post Utme Uniosun 2021 Economics Question 29

Practice objective / multiple choice question 29 from the 2021 Post Utme Uniosun Economics examination.

Post Utme Uniosun 2021 Economics Objective / Multiple Choice
Question 29 POST_UTME_UNIOSUN • 2021 • ECONOMICS • objective

A country's balance of payments is given by the equation BOP = X - M + \( F - I \), where BOP is the balance of payments, X is the exports, M is the imports, F is the foreign investment, and I is the domestic investment. If the country's exports are $100 billion, imports are $80 billion, foreign investment is $20 billion, and domestic investment is $10 billion, what is the value of the country's balance of payments?

Answer Options

A. $10 billion
Correct Answer B. $20 billion
C. $30 billion
D. $40 billion
Correct Answer
B
Correct Option:
$20 billion

About This Question

This is Post Utme Uniosun 2021 Economics Question 29. It is one of the objective questions from the 2021 Post Utme Uniosun Economics examination.

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