Post Utme Veritas University 2025 Economics Question 19

Practice objective / multiple choice question 19 from the 2025 Post Utme Veritas University Economics examination.

Post Utme Veritas University 2025 Economics Objective / Multiple Choice
Question 19 POST_UTME_VERITAS_UNIVERSITY • 2025 • ECONOMICS • objective

A country's balance of payments is given by the equation \( BOP = X - M \), where X is the value of exports and M is the value of imports. If the country's exports are ₦1000 and imports are ₦800, find the balance of payments.

Answer Options

Correct Answer A. BOP = ₦200
B. BOP = ₦300
C. BOP = ₦400
D. BOP = ₦500
Correct Answer
A
Correct Option:
BOP = ₦200

About This Question

This is Post Utme Veritas University 2025 Economics Question 19. It is one of the objective questions from the 2025 Post Utme Veritas University Economics examination.

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