Creating a growing trade deficit

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Reference no: EM131637426

In its trade with India, for every dollar China spends buying things in India, India spends three dollars buying from China creating a growing trade deficit. Mercantilists would suggest Indian prime minister Narendra Modi to _____________________. (check all that apply)

a. encourage more export to China.

b. Limit imports from China

c. restrict export to China.

d. encourage more import from China.

Reference no: EM131637426

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