The mining and export of minerals and precious stones is very important part of the Namibian economy. It

was reported that despite a sharp decrease in the quantity of these exports between 1995 and 1999 the export

value of the items rose in that period.

a)

Where the minerals and precious stones would be recorded in the Namibian balance of payments?

b)

Discuss what measures a government might take to influence its country's balance of payments.