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Which of the following is mentioned in the text as a possible means by which the government may attempt to improve its balance of trade
Which of the following is mentioned in the text as a possible means by which the government may attempt to improve its balance of trade position (increase its exports or reduce its imports). It could attempt to weak its local currency value. Firms based in a country receive subsidies from their government, produce products, and then export those products at a cheap price. Firms based in one country are allowed by their government to offer bribes to large customers when pursuing business deals in a particular industry. O It could attempt to strengthen its local currency value
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