Solved

During the 1990s, the Country of Chile Required Foreigners Wishing

Question 25

Multiple Choice

During the 1990s, the country of Chile required foreigners wishing to invest in the country to make a one-year, zero-interest deposit in the Chilean central bank equal to at least 20 percent of the investment. This is an example of:


A) a capital outflow control.
B) a capital inflow control.
C) an exchange rate mechanism.
D) a currency board.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents