If a country has a balance of payment crisis, which of the following measures can...
ECONOMICS
JAMB 1992
If a country has a balance of payment crisis, which of the following measures can best bring about a improvement in the short run?
- A. Large-scale importation of foreign goods
- B. Investment in capital market abroad
- C. Large-scale export of locally made abroad
- D. Repayment of debt to her creditors
Correct Answer: C. Large-scale export of locally made abroad
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