CIMA Exam CIMAPRA17-BA1-1 Topic 1 Question 24 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam

Question #: 24
Topic #: 1

Which TWO of the following policy actions might be available to a government that wishes to reduce a deficit in the balance of payments?

ADevaluate the exchange rate in order to increase exports.

BIncrease the money supply in order to stimulate domestic consumption.

CAppreciate the exchange rate in order to reduce imports.

DReduce the interest rate in order to stimulate investment.

EIntroduce tariffs on imported goods in order to favour domestic producers.

Show Suggested Answer

Suggested Answer: A, D

by Angella at May 08, 2022, 10:23 PM

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