If the Trump administration wanted to increase exports what
If the Trump administration wanted to increase exports, what combination of economic measures and policies would most effectively accomplish this?
Solution
Economic measures and policies to increase exports:
1) Simplifying regulation : Government should simplify the regulation related to export and also improve in collection and dissemination of information regarding exports and other foreign markets.
2) Increase competetiveness by depreciating dollar: Depreciating dollar would make US goods more competetive and attracting in foreign market as it become more cheaper.
3) Incentive or subsidy for exported goods: This measure would make US good more cheaper for the manufacturers as part of cost shoulder to US government as subsidy.
4) Credit availablity: Easy and cheap credit should be available for the exporters.
