A country has a deficit on its current account of its balance of payments. What could increase the size of its deficit?

A.
increased exports of its services
B.
increased international competitiveness of its goods
C.
increased numbers of visitors from abroad
D.
increased spending on its military bases abroad
Economics
IGCSE&ALevel
CAIE
Exam No:0455_s21_qp_12 Year:2021 Question No:30

Answer:

D

Knowledge points:

6.4.2 causes of current account deficit and surplus

Solution:

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