Which of the following are in place when government imposes limits on or requires approvals for payments related to some (or all) international financial activities?

Question

Quizplus · Accepted Answer

Government imposing limits on or requiring approvals for payments related to international financial activities is a characteristic of capital controls, which restrict the flow of capital across national borders. Exchange controls limit the convertibility of a currency and official interventions refer to government actions in the foreign exchange market. Adjustable pegs refer to exchange rate systems where the exchange rate is fixed but can be adjusted under certain circumstances.

Which of the Following Are in Place When Government Imposes