If a country is suffering perennial balance of payments deficits,all except one of the following will help solve the problem.Which is the exception?

Question

Quizplus · Accepted Answer

The reduction in tariffs on imported goods may further worsen the balance of payments situation as it will make imports cheaper and increase the outflow of foreign currency. Therefore, it is the exception and will not help solve the problem. The other options can help in reducing the outflow of foreign currency and increasing foreign exchange inflow, which can improve the balance of payments.

If a Country Is Suffering Perennial Balance of Payments Deficits,all