Which of the following is concerned with equilibrating a nation's balance of payments?

Question

Quizplus · Accepted Answer

External balance is concerned with equilibrating a nation's balance of payments, which refers to the balance between a country's inflow and outflow of foreign currency resulting from international trade, investment, and borrowing. Internal balance refers to achieving full employment and price stability within the economy. Expenditure-changing policies aim to influence the level of total spending in an economy, while expenditure-switching policies aim to alter the composition of spending between domestic and foreign goods and services.

Which of the Following Is Concerned with Equilibrating a Nation's