When a government sets limits or puts any restrictions on the international flow of currency or payments, these measures are called:

a. forex regulation and restriction.
b. capital controls.
c. safeguard measures.
d. black-market measures.

Ans: b. capital controls.

Economics

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Which one of the following variables is most likely to increase as production effort is increased?

a. Net revenue b. Marginal costs c. Marginal revenue d. Total costs e. Average revenue

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The figure illustrates Anne's demand for books. At ________ a book, Anne's demand for books is inelastic

A) all prices between $15 and $30 B) all prices between $10 and $15 C) all prices between $10 and $20 D) all prices below $30

Economics