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If Canada runs international balance of payment (BOP) deficit (excluding official financial account), the BOC can ____________ to balance the deficit. Group of answer choices

If Canada runs international balance of payment (BOP) deficit (excluding official financial account), the BOC can ____________ to balance the deficit.

Group of answer choices

1buy foreign currency.

2sell foreign currency.

3implement expansionary monetary policy

4implement contractionary monetrary policy.

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