Post Utme Wellspring University 2020 Economics Question 23

Practice objective / multiple choice question 23 from the 2020 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2020 Economics Objective / Multiple Choice
Question 23 POST_UTME_WELLSPRING_UNIVERSITY • 2020 • ECONOMICS • objective

A country's balance of payments is given by the following equation: BOP = \( X - M \) + \( F - I \). If the country's exports are ₦1000, imports are ₦800, foreign investment is ₦500, and domestic investment is ₦200, what is the country's balance of payments?

Answer Options

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

About This Question

This is Post Utme Wellspring University 2020 Economics Question 23. It is one of the objective questions from the 2020 Post Utme Wellspring University Economics examination.

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