Exchange controls:
A) require the government to balance inflows and outflows of foreign exchange at the current exchange rate.
B) require the government to ensure that the foreign exchange market is perfectly competitive.
C) require the government to sell more foreign exchange than it buys.
D) require the government to stop buying foreign exchange.
E) Require the government to intervene in the foreign exchange market.

Question

Quizplus · Accepted Answer

The Answer of Exchange controls:
A) require the government to balance inflows and outflows of foreign exchange at the current exchange rate.
B) require the government to ensure that the foreign exchange market is perfectly competitive.
C) require the government to sell more foreign exchange than it buys.
D) require the government to stop buying foreign exchange.
E) Require the government to intervene in the foreign exchange market.

Exchange Controls