A-LevelEconomicsInternational economic issues9708/12 · Feb/Mar 2021 · Q231 Mark
A country has a deficit on the current account of its balance of payments. What might help the country to reduce its deficit?
Adecrease in its rate of income tax
Bdecrease in its tariffs
Can increase in its level of employment
Dan increase in its subsidies to exporters
✓ Correct answer
D: an increase in its subsidies to exporters
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