Post Utme Uniport 2020 Economics Question 30

Practice objective / multiple choice question 30 from the 2020 Post Utme Uniport Economics examination.

Post Utme Uniport 2020 Economics Objective / Multiple Choice
Question 30 POST_UTME_UNIPORT • 2020 • 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, its imports are ₦600 billion, its foreign investment income is ₦100 billion, and its domestic investment is ₦200 billion, what is the country's balance of payments?

Answer Options

A. ₦-100 billion
B. ₦0 billion
Correct Answer C. ₦100 billion
D. ₦200 billion
Correct Answer
C
Correct Option:
₦100 billion

About This Question

This is Post Utme Uniport 2020 Economics Question 30. It is one of the objective questions from the 2020 Post Utme Uniport Economics examination.

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