Questions as text
Q1 · Which policy is most likely to help to correct an adverse balance on the current account… 9708/31 Oct/Nov 2009
29 Which policy is most likely to help to correct an adverse balance on the current account of the balance of payments? A abolishing tariffs B devaluing the currency C reducing direct taxes D reducing indirect taxes
1 marks
Answer: B
This question in 9708/31 Oct/Nov 2009
Q2 · Which policy is most likely to help to correct an adverse balance on the current account… 9708/32 Oct/Nov 2009
28 Which policy is most likely to help to correct an adverse balance on the current account of the balance of payments? A abolishing tariffs B devaluing the currency C reducing direct taxes D reducing indirect taxes
1 marks
Answer: B
This question in 9708/32 Oct/Nov 2009
Q3 · Which policy is most likely to reduce a balance of payments deficit without causing… 9708/31 May/June 2010
27 Which policy is most likely to reduce a balance of payments deficit without causing inflation? A a devaluation of the exchange rate B an increase in import tariffs C an increase in indirect taxes D an increase in direct taxes
1 marks
Answer: D
This question in 9708/31 May/June 2010
Q4 · Which policy is most likely to reduce a balance of payments deficit without causing… 9708/32 May/June 2010
26 Which policy is most likely to reduce a balance of payments deficit without causing inflation? A a devaluation of the exchange rate B an increase in import tariffs C an increase in indirect taxes D an increase in direct taxes
1 marks
Answer: D
This question in 9708/32 May/June 2010
Q5 · What would be an appropriate government action to reduce both a balance of payments… 9708/32 May/June 2012
29 What would be an appropriate government action to reduce both a balance of payments current account surplus and the rate of inflation? A increase the money supply B increase direct taxes C remove tariffs on imports D devalue the currency
1 marks
Answer: C
This question in 9708/32 May/June 2012
Q6 · The government of Lesotho introduces a programme to promote exports and to encourage… 9708/32 May/June 2012
30 The government of Lesotho introduces a programme to promote exports and to encourage firms to grow by subsidising local entrepreneurs. What effect is this likely to have on incomes, the balance of payments current account deficit and government expenditure in Lesotho? balance of government incomes payments current expenditure account deficit A fall uncertain rise B rise reduce no change C fall reduce rise D rise uncertain rise
1 marks
Answer: D
This question in 9708/32 May/June 2012
Q7 · An economy has a balance of payments trade surplus and a high level of inflation 9708/31 May/June 2013
29 An economy has a balance of payments trade surplus and a high level of inflation. What would be an appropriate action for a government to take? A devalue the currency B reduce direct taxes C increase the money supply D remove tariffs on imports
1 marks
Answer: D
This question in 9708/31 May/June 2013
Q8 · An economy has a balance of payments trade surplus and a high level of inflation 9708/33 May/June 2013
29 An economy has a balance of payments trade surplus and a high level of inflation. What would be an appropriate action for a government to take? A devalue the currency B reduce direct taxes C increase the money supply D remove tariffs on imports
1 marks
Answer: D
This question in 9708/33 May/June 2013
Q9 · Which policy to correct a balance of payments deficit would be classified as an… 9708/33 Oct/Nov 2014
28 Which policy to correct a balance of payments deficit would be classified as an expenditure dampening policy? A a devaluation of the exchange rate B an increase in direct taxes C an increase in import tariffs D the introduction of import quotas
1 marks
Answer: B
This question in 9708/33 Oct/Nov 2014
Q10 · The government of Lesotho introduces a programme to promote exports and to encourage… 9708/33 May/June 2016
29 The government of Lesotho introduces a programme to promote exports and to encourage firms to expand by subsidising local entrepreneurs. What effect is this likely to have on incomes, the balance of payments current account deficit and government expenditure in Lesotho? balance of government incomes payments current expenditure account deficit A fall reduce rise B fall uncertain rise C rise reduce no change D rise uncertain rise
1 marks
Answer: D
This question in 9708/33 May/June 2016
Q11 · In the short run, which policy measure would tend to reduce a country’s balance of… 9708/32 May/June 2017
29 In the short run, which policy measure would tend to reduce a country’s balance of payments deficit but increase its inflation rate? A a decrease in the level of import tariffs B an appreciation of the country’s currency C an increase in the level of indirect taxes D a reduction in government spending
1 marks
Answer: C
This question in 9708/32 May/June 2017
Q12 · The government of Lesotho introduces a programme to promote exports and to encourage… 9708/32 May/June 2021
29 The government of Lesotho introduces a programme to promote exports and to encourage firms to expand by subsidising local entrepreneurs. Which effect is this likely to have on incomes, the balance of payments current account deficit and government expenditure in Lesotho? balance of government incomes payments current expenditure account deficit A fall reduce rise B fall uncertain rise C rise reduce no change D rise uncertain rise
1 marks
Answer: D
This question in 9708/32 May/June 2021
Q13 · What is most likely to be an appropriate government action to reduce both a balance of… 9708/32 Oct/Nov 2021
30 What is most likely to be an appropriate government action to reduce both a balance of payments current account surplus and the rate of inflation? A decrease the rate of interest B devalue the currency C increase direct taxes D remove tariffs on imports
1 marks
Answer: D
This question in 9708/32 Oct/Nov 2021
1 / 3
2 / 3
3 / 3