A measure that can be adopted to correct a country 's balance of payments deficit...
ECONOMICS
WAEC 2021
A measure that can be adopted to correct a country 's balance of payments deficit is ____________
- A. Allow the currency to appreciate to encourage imports.
- B. Allow the currency to depreciate to encourage imports
- C. Adopt import substitution strategy
- D. Restrict trade with all countries
Correct Answer: C. Adopt import substitution strategy
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