What is the potential benefit of foreign aid an... - SS3 Economics Methods of Correcting Deficit BOP Question
What is the potential benefit of foreign aid and loans as a method of correcting a deficit balance of payments?
A
It can support the country's economy and reduce the trade deficit
B
It can reduce the country's foreign debt
C
It can increase the country's foreign reserves
D
It can lead to a decrease in domestic production
correct option: a
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