Question: Describe, explain and evaluate the measures which may be taken to correct a deficit in the current account (balance of trade) of a country balance

Describe, explain and evaluate the measures which may be taken to correct a deficit in the current account (balance of trade) of a country balance of payments (700-1000 words, please type your answer)

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Current account deficit Imports greater than exports so expenditure is leaving the economy to buy imports Current account deficit may cause depreciati... View full answer

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