"Nonetheless, structural reforms and targeted macroeconomic strategies can be deployed to deliver a long-term, sustained turnaround in a nation's balance of trade in goods and services."
Using Extract D and your knowledge of economics, evaluate the policies that a government could implement to achieve a sustained improvement in its balance of trade in goods and services.
310 exam-style questions on AQA A Level Economics 2.6 The international economy (A-level only), covering 2.6.1 Globalisation, 2.6.2 Trade, 2.6.3 The balance of payments, 2.6.4 Exchange rate systems, and 2.6.5 Economic growth and development. Each one has a worked solution and a mark scheme showing where the marks go.