For a currency to become an international currency, the issuing country must possess financial markets that are substantially free of controls

Question

Quizplus · Accepted Answer

Free financial markets provide increased stability, consistency and ease of use, which can prompt global confidence in the currency. When a country regulates their financial markets to a certain extent that can increase the uncertainty and unpredictability of the currency, which can make it less attractive in global markets.

For a Currency to Become an International Currency, the Issuing