A balance-of-payments surplus can be reduced with
A) Increased taxes.
B) Increased tariffs and quotas on foreign goods.
C) Contractionary monetary policy.
D) Increased government spending.
Correct Answer:
Verified
Q103: With flexible exchange rates
A)The equilibrium exchange rate
Q104: All of the following are true regarding
Q105: Q106: An abrupt depreciation of a currency whose Q107: A currency bailout Q109: Suppose that at the prevailing euro-dollar exchange Q110: In the article on China holding $4 Q111: A balance-of-payments surplus for the United States Q112: To prevent inflation caused by holding so Q113: A system in which governments intervene in![]()
A)Occurs when money is borrowed
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