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Economics (AS & A Level) · Oct / Nov 2023 · Paper 13 · Question 25

9708Current account of the balance of payments

What is the most likely cause of a current account deficit on the balance of payments?

  1. Aan undervalued exchange rate
  2. Ba relatively low rate of inflation
  3. Ca shrinking domestic economy
  4. Da general fall in national productivity

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Correct answer: D. a general fall in national productivity

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