For developing countries, efforts to prevent speculation and currency crises have included
A) controls on capital flows.
B) more freely floating exchange rates.
C) greater reliance on foreign capital.
D) abandoning fixed exchange rate systems.

Question

Quizplus · Accepted Answer

Developing countries have implemented controls on capital flows to prevent excessive speculation and currency crises by regulating the movement of money across borders.

For Developing Countries, Efforts to Prevent Speculation and Currency Crises