By using exchange controls, a country tries to eliminate a balance of payments deficit by?

By using exchange controls, a country tries to eliminate a balance of payments deficit by?
  • A.
    limiting her imports to its currency value of exports
  • B.
    reducing the nation’s domestic price level
  • C.
    limiting her exports to its currency value of imports
  • D.
    overvaluing the country’s currency
Correct Answer: Option A
Explanation
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