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When an economy is having a balance of payment surplus the best alternative opened to...

Economics
NECO 2002
When an economy is having a balance of payment surplus the best alternative opened to it is to
  • A. borrow from abroad
  • B. devalue its currency
  • C. increase its foreign reserve
  • D. promote imports into the country
  • E. sell out its foreign assets
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Correct Answer: Option C
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