Post Utme Wellspring University 2021 Economics Question 5
Practice objective / multiple choice question 5 from the 2021 Post Utme Wellspring University Economics examination.
A country's balance of payments account is given by the following equation: BOP = X - M, where BOP is the balance of payments, X is exports, and M is imports. If the country's exports increase by 10% and imports remain cons\tant at ₦100 billion, what is the new balance of payments?
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About This Question
This is Post Utme Wellspring University 2021 Economics Question 5. It is one of the objective questions from the 2021 Post Utme Wellspring University Economics examination.
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