In 2012, China recorded a US$155 billion current account surplus. Which combination of policies might the Chinese Government use to bring equilibrium back?
- ADecrease income tax and raise the value of the Chinese currency, the Yuan.
- BIncrease income tax and lower the value of the Chinese currency, the Yuan.
- CIncrease subsidies to Chinese firms and reduce income tax.
- DIncrease tariffs on imports and increase income tax.