What measures can a country take to deal with its balance


(a) What international transactions make up the current account and basic account of a country’s BOP?

(b) What measures can a country take to deal with its balance of trade deficit?

(c) Briefly discuss how devaluation is supposed to work to reduce a country’s trade deficit? What are the limitations of this strategy?

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Financial Management: What measures can a country take to deal with its balance
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