A policy by which government restricts the amount of foreign currencies bought and sold is known as?

By: |Published on: May 25|Categories: Economics WAEC| 0 comments

A. devaluation
B. credit creation
C. exchanging control
D. export promotion

Correct Answer: Option C

C. exchanging control

Users Also Read These:

SEE ALSO  The mining sector of an economy contributes 60% to the Gross Domestic Product(GDP). If the GDP is $540; what is the contribution of the mining sector?

Copyright warnings! Do not copy.