The national government of Turnbury regulates the amount of currency that may be exported or imported.It only permits government bodies to engage in currency dealings.It also has limits on the percentage of investments that can be made by foreign companies.These rules and regulations are attributed to which of the following?

Question

Quizplus · Accepted Answer

Some nations establish limits on the amount of earned and invested funds that can be withdrawn from it. These exchange controls are usually established by nations that are experiencing balance-of-payment problems. In addition, many nations have a requirement that the majority ownership of a company operating there be held by nationals. These and other types of currency and ownership regulations are important considerations in the decision to expand into a foreign market. The government of Turnbury imposes exchange controls by imposing controls on exchange of currency and limits on foreign investments.

The National Government of Turnbury Regulates the Amount of Currency