02/03/2025

Mathematically, you’d probably want to weaken your currency relative to markets you want to export to. You’d also want special tax incentives to businesses that invest increased domestic production.

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Hypothetically – imagine you are the top economic advisor to the recently elected leader of a country that has an extreme trade deficit. They were elected on a promise to balance the trade deficit and increase the manufacturing of goods for export. What is the program you design to do that?

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