Note AcademyNote Academy
Start

Economics (AS & A Level) · May / June 2021 · Paper 12 · Question 29

9708Policies to correct disequilibrium in the balance of payments

Which policy aimed at correcting a balance of trade deficit is an expenditure-reducing policy?

  1. Adepreciation of the currency
  2. Bincreased direct taxation
  3. Ctax incentives for exporters
  4. Dthe imposition of protectionist tariffs

As printed in the paper

Show the answer

Correct answer: B. increased direct taxation

Sit this whole paper →More on Policies to correct disequilibrium in the balance of payments

Make a free account to save your answers and see your weak topics and ask the AI why a wrong answer is wrong.