Author Question: When Excelsior's Limited tried to convert its earnings from one country, the government stipulated ... (Read 34 times)

mrsjacobs44

  • Hero Member
  • *****
  • Posts: 500
When Excelsior's Limited tried to convert its earnings from one country, the government stipulated that the company had to exchange its currency at a very unfavorable rate. This is an example of a(n) ________.
 
  A) administrative delay
  B) currency control
  C) subsidy
  D) tariff

Question 2

The Bank for International Settlements is an international organization that fosters cooperation among central banks and other governmental agencies.
 
  Indicate whether the statement is true or false



fraziera112

  • Sr. Member
  • ****
  • Posts: 356
Answer to Question 1

B

Answer to Question 2

TRUE



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Oliver Wendell Holmes is credited with introducing the words "anesthesia" and "anesthetic" into the English language in 1846.

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

For a complete list of videos, visit our video library