Home » Classroom » SS3 Economics Methods of Correcting Deficit BOP Question

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
Please share this, thanks:

Add your answer

Notice: Posting irresponsibily can get your account banned!

No responses