In the past, governments had greater control over currency prices because
A) governments were stronger and more centralized.
B) governments controlled more currency than private actors.
C) the cost of exchanging currency was higher in the past.
D) governments had a monopolistic control over currency markets.

Question

Quizplus · Accepted Answer

The Answer of In the past, governments had greater control over currency prices because
A) governments were stronger and more centralized.
B) governments controlled more currency than private actors.
C) the cost of exchanging currency was higher in the past.
D) governments had a monopolistic control over currency markets.

In the Past, Governments Had Greater Control Over Currency Prices