Post Utme Wellspring University 2025 Economics Question 9

Practice objective / multiple choice question 9 from the 2025 Post Utme Wellspring University Economics examination.

Post Utme Wellspring University 2025 Economics Objective / Multiple Choice
Question 9 POST_UTME_WELLSPRING_UNIVERSITY • 2025 • ECONOMICS • objective

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 are ₦100, imports are ₦80, foreign investment is ₦20, and domestic investment is ₦30, what is the balance of payments?

Answer Options

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

About This Question

This is Post Utme Wellspring University 2025 Economics Question 9. It is one of the objective questions from the 2025 Post Utme Wellspring University Economics examination.

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