Which of the following would most likely contribute to a disequilibrium in the balance of payments?
- Persistent trade deficits due to increased imports.
- Sudden capital flight due to political instability.
- Improvements in export competitiveness through technological advancements.
- High levels of foreign direct investment.
1
1 and 2
2
1 and 3
3
2 and 4
4
1, 3 and 4