Answered

Discover the answers you need at Westonci.ca, a dynamic Q&A platform where knowledge is shared freely by a community of experts. Get immediate and reliable solutions to your questions from a community of experienced professionals on our platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

28. Which of the following measures is likely to
be effective in dealing with a persistent
balance of payments surplus?

Sagot :

GinnyAnswer

Final answer:

Measures like adjusting exchange rates and implementing fiscal policies can effectively address a persistent balance of payments surplus.


Explanation:

Dealing with a persistent balance of payments surplus can be tackled effectively through several measures such as:

  1. Adjusting exchange rates to a lower value.
  2. Implementing fiscal policies that reduce government spending or increase taxes to reduce domestic demand.
  3. Encouraging imports by lowering trade barriers or tariffs.

By adopting these measures, countries can address the issues caused by persistent balance of payments surpluses.


Learn more about Persistent balance of payments surplus here:

https://brainly.com/question/38659258


We hope you found what you were looking for. Feel free to revisit us for more answers and updated information. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Thank you for trusting Westonci.ca. Don't forget to revisit us for more accurate and insightful answers.