MAJOR ISSUSE IN MICROECONOMICS

MAJOR ISSUSE IN MICROECONOMICS

CORRECT ADVERSE BALANCE OF PAYMENTS:

Anoterh objectives of fiscall policy is to maintain equilibrium in the balance of payment mestly developing countries import finished goods and capital goods on the other hand,they export the agricultures and primary productions ,this creates the balance of payments problems fiscal policy helps to correct adverse balance of payments by promoting export and discouraging imports.provisions of tax concession ,exemptions and subsidy are the major fiscal instruments for promotions of exprot where as impositions higher tax rate to discourages the mport of luxury goods .

info education about the micro economics

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