Question

what can be used to reduce foreign trades. .....??? ​

Answer 1

Answer:

Three ways to reduce the trade deficit are: Consume less and save more. If US households or the government reduce consumption (businesses save more than they spend), imports will drop and less borrowing from abroad will be needed to pay for consumption. Depreciate the exchange rate

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Answer 2

Answer:

Trade barriers can be used to reduce foreign trade. Trade barriers can be used to reduce foreign trade.

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