Which of the Following Is Used to Help Maintain a More

question 46

Multiple Choice

Which of the following is used to help maintain a more favorable balance of trade by a country?

• A) Limiting imports
• B) Limiting exports
• C) Establishing exchange controls
• D) Increasing gross domestic product
• E) Changing political systems

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Definitions:

Franc

A currency that was historically used in several countries, including France and Switzerland, some of which still maintain the franc in various forms.

Define

To specify or clarify the meaning of a word, phrase, or concept.

Redeem Dollars

The act of exchanging dollars for their equivalent value in goods, services, or other currencies, particularly in the context of international trade or finance.

Gold

A precious yellow metallic element, highly valued for use in jewelry, investment, and industrial applications.