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Economics · Oct / Nov 2017 · Paper 12 · Question 29

2281Current account of the balance of payments

It was reported in 2011 that the United States (US) needed to achieve a lower current account deficit. What would help this in the short run?

  1. Aa protectionist policy
  2. Ba strong exchange rate
  3. Cincreased private sector spending
  4. Dinvestment in the US by multinational firms

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Correct answer: A. a protectionist policy

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