All other things being equal, which one of the following is most likely to reduce a country's current account deficit on the balance of payments?
An increase in
the exchange rate of the currency
domestic price inflation
productive efficiency in domestic manufacturing
tariff barriers imposed by trading partners
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.