which of the following measure can be adopted t... - WAEC Economics 2018 Question
which of the following measure can be adopted to stabilize the external value of the local currency?
A
reduce the volume of export
B
increase the demand for imports
C
increase domestic money supply
D
reduce the demand for imports
correct option: d
A rise in imports has a negative effect on the balance of trade, that is, it will tend to increase the trade deficit or reduce the trade surplus.
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