The following can be used to improve a country’s balance of payment EXCEPT

a

anti-dumping policies

b

decreasing taxation on personal income

c

granting subsidies to export producers

d

increasing import duties

e

removing export duties

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Correct Option
b

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Chuks612
9 years ago

Wrong. It's B cuz decreasing taxation leads to an increase in the circulation of money in the economy which then leads to inflation.

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