Which term correctly describes the following situation? When a country imposes exchange restrictions on its own currency,limiting conversion to other currencies,an MNC's frustrated remittance of profits from a subsidiary would be

Question

Quizplus · Accepted Answer

When a country imposes exchange restrictions on its own currency, it blocks the free flow or convertibility of that currency to other currencies, resulting in blocked funds. This can create frustration for an MNC trying to remit profits from a subsidiary. Therefore, option A is the correct term to describe the given situation. Options B, C, and D do not accurately describe the scenario.

Which Term Correctly Describes the Following Situation? When a Country