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True or False: Capital controls are government-imposed barriers to foreign savers investing in domestic assets or to domestic savers investing in foreign assets. A government that has a virtual monopoly
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35 votes
35 votes
True or False: Capital controls are government-imposed barriers to foreign savers investing in domestic assets or to domestic savers investing in foreign assets. A government that has a virtual monopoly over foreign exchange dealings may require that all foreign exchange earnings be turned over to authorized dealers. The government then allocates foreign exchange among domestic traders and investors at government-set prices.

User Nick Meehan
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20 votes
20 votes

Answer:

True

hope it helped you sorry if i don't have explanations

User Kevin Cohen
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