A-LevelEconomicsInternational economic issues9708/12 · May/June 2021 · Q291 Mark

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

Adepreciation of the currency

Bincreased direct taxation

Ctax incentives for exporters

Dthe imposition of protectionist tariffs

✓ Correct answer

B: increased direct taxation

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Topic: International economic issues, A-Level Economics (syllabus 9708). Multiple choice, 1 mark.
Source: A-Level Economics, May/June 2021 Paper 1 Variant 2, question 29.

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