Which of the following is not likely to represent a strategy by the government of Country X to reduce its balance of trade deficit with Country Y?
A) The government of Country X eliminates environmental restrictions.
B) The government of Country X subsidizes firms in its country to facilitate dumping.
C) The government of Country X provides tax breaks to firms in specific industries.
D) The government of Country X removes a tariff on goods imported from Country Y.
Correct Answer:
Verified
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