For the income adjustment mechanism to reverse a trade deficit,economic policymakers must be willing to permit domestic income to increase which leads to rising imports.

Name: For the income adjustment mechanism to reverse a trade deficit,economic policymakers must be willing to permit domestic income to increase which leads to rising imports.
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Question

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The income adjustment mechanism to reverse a trade deficit typically involves reducing domestic income to decrease imports, not increasing it.

For the Income Adjustment Mechanism to Reverse a Trade Deficit,economic