Economics Multiple Choice Question – 12 April 2022

Which policy is most likely to help to correct an adverse balance on the current account of the balance of payments?

Select ONE answer:

1. abolishing tariffs
2. devaluing the currency
3. reducing direct taxes
4. reducing indirect taxes

Show your workings to arrive at your answer, and explain and justify your reasons:

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This multiple-choice question is suitable for Economics KS4 and KS5 classes.

The answer is 2

1. Not correct
2. Correct
3. Not correct
4. Not correct

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