All of the following are ways to control currency convertibility EXCEPT ________.
A)import licenses
B)multiple exchange rates
C)import deposits
D)purchasing power parity

Question

Quizplus · Accepted Answer

Purchasing power parity is not a method for controlling currency convertibility. It is a foreign exchange theory that suggests exchange rates should move towards equalizing the prices of goods and services between countries. Import licenses, multiple exchange rates, and import deposits are all examples of methods used to control currency convertibility.

All of the Following Are Ways to Control Currency Convertibility