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O-LevelEconomicsInternational trade and globalisation2281/12 · Oct/Nov 2017 · Q291 Mark

It was reported in 2011 that the United States (US) needed to achieve a lower current account deficit. What would help this in the short run?

Aprotectionist policy
Bstrong exchange rate
Cincreased private sector spending
Dinvestment in the US by multinational firms

✓ Correct answer

A: protectionist policy

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About this question

Topic
International trade and globalisation, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, Oct/Nov 2017 Paper 1 Variant 2, question 29.

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