Ask Question
5 June, 17:43

What is one way that a negative trade balance can be converted into a $0 balance of payments?

+2
Answers (1)
  1. 5 June, 19:58
    0
    The appropriate response is the imposition of tariffs. A duty forced on imported products and ventures. Duties are utilized to limit exchange, as they increment the cost of imported products and enterprises, making them more costly to customers. A particular levy is demanded as a settled expense in light of the sort of thing.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “What is one way that a negative trade balance can be converted into a $0 balance of payments? ...” in 📙 History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers