Post Utme Veritas University 2018 Economics Question 22

Practice objective / multiple choice question 22 from the 2018 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2018 Economics Objective / Multiple Choice
Question 22 POST_UTME_VERITAS_UNIVERSITY • 2018 • ECONOMICS • objective

A country's balance of payments account is given by the following equation: BOP = \( X - M \) + \( F - I \). If the country's exports are $100 billion, imports are $80 billion, foreign investment is $20 billion, and domestic investment is $30 billion, what is the balance of payments?

Answer Options

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

About This Question

This is Post Utme Veritas University 2018 Economics Question 22. It is one of the objective questions from the 2018 Post Utme Veritas University Economics examination.

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