The essential problem in soft-currency countries is that despite the sufficient amount of hard currency available,the excessive bureaucratic and regulatory framework makes gaining access to that currency very difficult.

Question

Quizplus · Accepted Answer

The essential problem in soft-currency countries is not the availability of hard currency but rather the scarcity of it. These countries often face difficulties in earning or retaining enough hard currency through exports or investments, making access to it inherently limited, not just due to bureaucratic and regulatory frameworks.

The Essential Problem in Soft-Currency Countries Is That Despite the Sufficient