With exchange controls, the government becomes _____ with respect to foreign exchange.
A) a monopsonist
B) a monopolist
C) only a buyer
D) only a seller
E) indifferent

Name: With exchange controls, the government becomes _____ with respect to foreign exchange. A) a monopsonist B) a monopolist C) only a buyer D) only a seller E) indifferent
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Question

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With exchange controls, the government becomes a monopolist with respect to foreign exchange because it has the exclusive right to buy and sell foreign exchange.

With Exchange Controls, the Government Becomes _____ with Respect to Foreign