Question 4 All other things being equal, which of the following is most likely to lead to improvement in the balance of payments deficit of a country? A fall in an ABCD с income tax rates. unemployment. the exchange rate. exports.

Question 4 All other things being equal, which of the following is most likely to lead to improvement in the balance of payments deficit of a country? A fall in an ABCD с income tax rates. unemployment. the exchange rate. exports.

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter23: The International Trade And Capital Flows

Section: Chapter Questions

Problem 37CTQ: Many think that the size of a trade deficit is due to a lack of competitiveness of domestic sectors,...

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