Import controls in Mexico ____________.
A) will ease the pressure on Mexico's foreign exchange reserves if its exchange rate is fixed
B) are illegal
C) reduce tariffs
D) are designed to float the exchange rate
E) reduce quotas

Question

Quizplus · Accepted Answer

Import controls in Mexico will ease the pressure on Mexico's foreign exchange reserves if its exchange rate is fixed by limiting the amount of foreign currency needed to purchase imports, thus helping to stabilize the country's foreign exchange reserves.

Import Controls in Mexico ____________