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The US is currently running a trade surplus with other countries. Which of the following government policy can reverse that? I. Contractionary fiscal policy II.

The US is currently running a trade surplus with other countries. Which of the following government policy can reverse that?

I. Contractionary fiscal policy

II. Expansionary monetary policy

III. Imposing tariffs and increase money supply

IV. Contractionary monetary policy

A- III only

B- II only

C- I and III

D- IV only

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