One measure for financing a country's balance of paym...
One measure for financing a country's balance of payments deficit is through
Export diversification
Import substitution
Short-term borrowing from IMF
Internal borrowing from commercial banks
Correct answer is C
In correcting the balance of payment deficit, countries may borrow money in foreign currencies, which they must repay with interest, by purchasing with their own currencies, the foreign currencies held by the IMF.
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