Economics 9708 · AS & A Level · 6.5

6.5 — practice question

A country that has a balance of trade deficit increases interest rates. In what way might this help to cut the deficit in the short term?

  • Aby increasing the inflow of foreign direct investment
  • Bby lowering the foreign exchange rate
  • Cby raising the level of domestic capital investment
  • Dby reducing the level of domestic aggregate demand

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