O-LevelEconomicsGovernment and the macroeconomy2281/11 · May/June 2023 · Q301 Mark
Which policy measure is most likely to reduce the current account deficit of the balance of payments of an economy?
Adecrease the level of subsidies to domestic producers
Bincrease infrastructure spending to increase domestic productivity
Cincrease interest rates
Dremove import tariffs
✓ Correct answer
B: increase infrastructure spending to increase domestic productivity
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