Post Utme Uniport 2023 Economics Question 9

Practice objective / multiple choice question 9 from the 2023 Post Utme Uniport Economics examination.

Post Utme Uniport 2023 Economics Objective / Multiple Choice
Question 9 POST_UTME_UNIPORT • 2023 • ECONOMICS • objective

A country's balance of payments is given by the equation BOP = X - M, where BOP is balance of payments, X is exports, and M is imports. If the country's exports are 100 and imports are 80, what is the balance of payments?

Answer Options

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

About This Question

This is Post Utme Uniport 2023 Economics Question 9. It is one of the objective questions from the 2023 Post Utme Uniport Economics examination.

Master the Exam!

You've seen a preview, but there are thousands more questions plus AI tutor to break down complex solutions.

Unlock Full Access Available for Android & Windows
Chat with Support