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O-LevelEconomicsInternational trade and globalisation2281/12 · Oct/Nov 2025 · Q301 Mark

A government wishes to reduce the deficit on the current account of its balance of payments. Which policy should it adopt?

Aincrease subsidies on exports
Bincrease taxes on its exports
Cremove an embargo on imports
Dremove tariffs on its imports

✓ Correct answer

A: increase subsidies on exports

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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 2025 Paper 1 Variant 2, question 30.

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