When a country has a large current account surplus, which policy can be adopted to reduce the surplus?
A: Currency appreciation
B: Tight fiscal policy
C: Increasing export tax rebate
D: Currency depreciation
A: Currency appreciation
B: Tight fiscal policy
C: Increasing export tax rebate
D: Currency depreciation
举一反三
- When a country ’s balance of payments deficit, what policies can be adopted in order to restore the balance of payments ( ). A: Let the local currency depreciate B: Let the local currency depreciate C: Adopting tight monetary policy D: Let the local currency appreciate E: Taking an expansionary fiscal policy F: Adopting an expansionary monetary policy
- The measures that can be taken to reduce the current account deficit or improve the current account balance are ( ). A: Reducing consumption or investment expenditure B: Depreciation of the local currency exchange rate C: Cutting government expenditure D: Appreciation of the exchange rate of the local currency
- When a country faces a current account surplus, theoretically it also faces A: a services trade deficit B: a capital and financial account deficit C: a capital and financial account surplus D: a services trade surplus
- The government sells US dollars for domestic currency in foreign market to prevent its currency devaluation. This activity is known as（） A: financing policy B: expenditure change policy C: fiscal policy D: monetary policy
- A country experiencing a current account surplus: