Currently, many electronic goods from China are circulating in the domestic market. This condition has a positive impact on increasing Chinese state revenues. If these conditions persist, will experience a balance of payments deficit due to increased imports of products from China. Opportunities that the government can take to take advantage of these conditions are ... a) increasing exports of electronic products to increase state revenues b) lowering import duties to increase tax revenue c) carry out import quotas to emphasize product marketing Domestic Chinese d) allocate state spending to import products from China e) increase import duties to increase tax revenue

Currently, many electronic goods from China are circulating in the domestic market. This condition has a positive impact on increasing Chinese state revenues. If these conditions persist, will experience a balance of payments deficit due to increased imports of products from China. Opportunities that the government can take to take advantage of these conditions are ... a) increasing exports of electronic products to increase state revenues b) lowering import duties to increase tax revenue c) carry out import quotas to emphasize product marketing Domestic Chinese d) allocate state spending to import products from China e) increase import duties to increase tax revenue

MACROECONOMICS

14th Edition

ISBN:9781337794985

Author:Baumol

Publisher:Baumol

Chapter20: Exchange Rates And The Macroeconomy

Section: Chapter Questions

Problem 2TY

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