1.

Countries facing a persistent external deficit can ?_x005F_x000D_I. borrow overseas_x005F_x000D_II. increase trade restrictions and exchange controls_x005F_x000D_III. undertake expansionary monetary and fiscal policies_x005F_x000D_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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