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Economics (AS & A Level) · Feb / March 2023 · Paper 32 · Question 29

9708Policies to correct disequilibrium in the balance of payments

What is an example of an expenditure-switching policy?

  1. Aan increase in income tax rates
  2. Ban increase in interest rates
  3. Can increase in tariff rates
  4. Dan increase in the supply of money

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Correct answer: C. an increase in tariff rates

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