O-LevelEconomicsInternational trade and globalisation2281/13 · Oct/Nov 2025 · Q301 Mark
What is a likely government policy to reduce a deficit on the current account of the balance of payments?
Aincreasing the value of the foreign exchange rate
Bincreasing training for workers in export industries
Creducing subsidies to domestic export industries
Dreducing tariffs on imported goods and services
✓ Correct answer
B: increasing training for workers in export industries
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