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CIMAPRA17-BA1-1 Exam - Topic 1 Question 24 Discussion

Actual exam question for CIMA's CIMAPRA17-BA1-1 exam

Question #: 24
Topic #: 1

[All CIMAPRA17-BA1-1 Questions]

Which TWO of the following policy actions might be available to a government that wishes to reduce a deficit in the balance of payments?

ADevaluate the exchange rate in order to increase exports.

BIncrease the money supply in order to stimulate domestic consumption.

CAppreciate the exchange rate in order to reduce imports.

DReduce the interest rate in order to stimulate investment.

EIntroduce tariffs on imported goods in order to favour domestic producers.

Show Suggested Answer

Suggested Answer: A, D

by Angella at May 08, 2022, 10:23 PM

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Malcolm

7 months ago

I think A and E are the best options here!

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Samira

7 months ago

Increasing the money supply might just lead to inflation, though.

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Felix

8 months ago

Wait, can devaluing the exchange rate really boost exports?

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Amos

8 months ago

Totally agree, tariffs can really help local businesses!

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Hobert

8 months ago

A and E are solid choices for reducing the deficit.

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Princess

8 months ago

This looks like a straightforward question on cloud computing characteristics. I'll focus on the key IaaS and PaaS features that can be measured.

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Teresita

8 months ago

I'm a bit unsure about this one. I'll need to carefully consider the tradeoffs between the different work manager configurations and how they might impact the application's performance and reliability.

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