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What are the corrective measures for balance of payments problems?
  • a)
    Import restrictions
  • b)
    Export promotion
  • c)
    Monetary policy adjustments
  • d)
    All of the above
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
What are the corrective measures for balance of payments problems?a)Im...
Corrective measures for balance of payments problems include import restrictions, which aim to reduce imports and promote domestic production, and export promotion, which focuses on increasing exports. Additionally, monetary policy adjustments, such as exchange rate management, can also be used to correct imbalances in the balance of payments. Therefore, option d) is the correct answer.
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