Post Utme Unn 2020 Economics Question 34

Practice objective / multiple choice question 34 from the 2020 Post Utme Unn Economics examination.

Post Utme Unn 2020 Economics Objective / Multiple Choice
Question 34 POST_UTME_UNN • 2020 • ECONOMICS • objective

A country's balance of payments (BOP) accounts are given by the following equations: Exports (X) = ₦1000, Imports (M) = ₦1500, and Net Factor Income (NFI) = ₦200. What is the country's current account balance?

Answer Options

A. ₦300
Correct Answer B. ₦400
C. ₦500
D. ₦600
Correct Answer
B
Correct Option:
₦400

About This Question

This is Post Utme Unn 2020 Economics Question 34. It is one of the objective questions from the 2020 Post Utme Unn Economics examination.

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