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    What aspects of International Business should Governments control?

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    What aspects of International business should government control?

    Exports and imports comprise the major part of International business. When imports are greater than exports, then the Nation will face deficits in the balance of payments position. Thus, it is the duty of the government to control the excess imports. The government can control the level of imports by ...

    Solution Summary

    In two paragraphs, the response presents two major aspects of the economy that have government control, and further explains how these two controls work.