Economics 9708 · AS & A Level · Protectionism

Protectionism — practice question

What is a protectionist policy that a government may adopt to cut the deficit on the current account of the balance of payments?

  • Arevaluation of the exchange rate
  • Bincrease in the rate of income tax
  • Cincrease in the rate of interest
  • Dintroduction of import quotas

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