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Other things being equal, an increase in a country's balance of payments deficit on current...

Other things being equal, an increase in a country's balance of payments deficit on current account means that

A.

Import prices must be falling

B.

The volume of goods exported must be falling

C.

Aggregate demand is falling

D.

The difference between government spending and tax revenue is growing

CIMA BA1 Summary

  • Vendor: CIMA
  • Product: BA1
  • Update on: Jul 28, 2025
  • Questions: 468
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