In an attempt to correct a deficit balance of payment, a country may decide to increase

  • A domestic production
  • B imports
  • C domestic expenditure
  • D tax on infant industry
waec 2006economics

The correct answer is A. domestic production

In an attempt to correct a deficit balance of payment, a country may decide to increase domestic production.

By focusing on increasing domestic production, a country aims to boost its exports and reduce its reliance on imports, which will help in improving the balance of payments.

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