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in Open Economy Macroeconomics by (25.6k points)
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Export promotion is one of the key factors for correcting disequilibrium in BOR Is there any other measure for correcting BOP? If yes, suggest 3 measures.

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Measures to correct BOP disequilibrium, 

  • Increase in production 
  • Reduction in imports 
  • Encouraging foreign investment 
  • Promotion of exports

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