Post Utme Unn 2023 Economics Question 2
Practice objective / multiple choice question 2 from the 2023 Post Utme Unn Economics examination.
A country's balance of payments is given by the following equation: BOP = \( X - M \) + \( F - I \), where BOP is the balance of payments, X is exports, M is imports, F is foreign investment and I is domestic investment. If the country's exports and imports are $100 billion and $80 billion respectively, and foreign investment and domestic investment are $20 billion and $30 billion respectively, what is the balance of payments?
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About This Question
This is Post Utme Unn 2023 Economics Question 2. It is one of the objective questions from the 2023 Post Utme Unn Economics examination.
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