Countries facing a persistent external deficit can ?

Stabilization, Adjustment, Reform and Privatization 06/11/2023

I. borrow overseas
II. increase trade restrictions and exchange controls
III. undertake expansionary monetary and fiscal policies
IV. Undertake expenditure-reducing policies

A. I and II only
B. III and IV only
C. I, II and III only
D. I, II and IV only

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