Countries facing a persistent external deficit can ? I. borrow overseas II. increase trade restrictions and exchange controls III. undertake expansionary monetary and fiscal policies IV. Undertake expenditure-reducing policies

Countries facing a persistent external deficit can ? I. borrow overse

1.	Countries facing a persistent external deficit can ? I. borrow overseas II. increase trade restrictions and exchange controls III. undertake expansionary monetary and fiscal policies IV. Undertake expenditure-reducing policies
A.	I and II only
B.	III and IV only
C.	I, II and III only
D.	I, II and IV only
Answer» E.

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