In order to correct adverse balance of payments problem, ...
In order to correct adverse balance of payments problem, government should
Reduce tariffs
Increase subsidies on exports
Increase tax on local industries
Reduce personal income tax
Correct answer is B
Methods of correcting adverse balance of payments
Well- known Methods of Correcting in Adverse Balance of Payment
Farming, mining and fishing are ...
The major role of NDIC is to ...
The Malthusian theory was concerned about the relationship between ...
The amount of money required for the day-to-day running of a business is known as ...
A major trading problem facing ECOWAS is ...
In a centrally planned economy, what to produce is ...
When a generalization is made based on observed facts, it is ...
A demand schedule shows the quantities of goods that are ...