In 2012, China recorded a current account surplus of US$155 billion. Which mix of policies could the Chinese Government adopt to cut this surplus?
- 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