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Tamil Nadu Board of Secondary EducationHSC Commerce Class 12

If there is an imbalance in the trade balance (more imports than exports), it can be reduced by ______. - Economics

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Question

If there is an imbalance in the trade balance (more imports than exports), it can be reduced by ______.

Options

  • decreasing customs duties

  • increasing export duties

  • stimulating exports

  • stimulating imports

MCQ
Fill in the Blanks

Solution

If there is an imbalance in the trade balance (more imports than exports), it can be reduced by stimulating exports.

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Balance of Trade Vs Balance of Payments
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Chapter 7: International Economics - Model Questions [Page 150]

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Samacheer Kalvi Economics [English] Class 12 TN Board
Chapter 7 International Economics
Model Questions | Q 12. | Page 150
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