_____ refers to the steps taken by governments to limit the convertibility of one currency (usually its own)into others, usually in an effort to limit imports.

Question

Quizplus · Accepted Answer

Currency control is the correct answer because it involves governmental measures to restrict the ability to convert the national currency into foreign currencies. This is often done to control the balance of trade, limit the outflow of capital, and stabilize the national currency by controlling demand for foreign currencies.

_____ Refers to the Steps Taken by Governments to Limit