Policies used to target specific key exporting industries in order to achieve economic growth in that sector is likely to have which following effect?

CA Foundation · Business Economics · MTP · January 2025
Policies used to target specific key exporting industries in order to achieve economic growth in that sector is likely to have which following effect?
(A) A. Lowering national debt
(B) B. Cause a budget surplus
(C) C. Increase employment rates in that sector and improve the current account balance
(D) D. Increase employment rates in that sector and worsen the current account balance

Suggested Answer and Working Notes:

Correct Answer: Option (C)

C. Increase employment rates in that sector and improve the current account balance

Topics: Public Finance

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