To bypass capital controls, people who need foreign currency sometimes resort to:
A) forward foreign exchange markets.
B) stock markets.
C) black markets.
D) farmers' markets.

Question

Quizplus · Accepted Answer

Black markets are often utilized to obtain foreign currency when capital controls are in place, as they allow individuals to exchange their domestic currency for foreign currency outside of the official exchange rate and without government approval. This can be risky and illegal, but it is often the only way for individuals to access much-needed foreign currency. The other options listed (forward foreign exchange markets, stock markets, and farmers' markets) do not typically serve this purpose.

To Bypass Capital Controls, People Who Need Foreign Currency Sometimes