What is the name of the condition that arises when the government of a foreign country makes the nation's currency inconvertible?

Question

Quizplus · Accepted Answer

The name of the condition described is blocked funds, which refers to a situation where a government restricts the conversion of its currency into another currency or limits the transfer of funds out of the country. Controlled exchange rates (A) refers to a situation where the government intervenes in currency markets to keep the value of its currency within a certain range. Managed currency (B) is a broader term that refers to any system in which a government intervenes in currency markets to influence exchange rates. Expropriation (D) is the seizure of assets by a government or other authority, typically without compensation.

What Is the Name of the Condition That Arises When