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Author Question: When Excelsior's Limited tried to convert its earnings from one country, the government stipulated ... (Read 96 times)

mrsjacobs44

  • Hero Member
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  • Posts: 500
on: Jul 7, 2018
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
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  • Posts: 356
Reply #1 on: Jul 7, 2018
Answer to Question 1

B

Answer to Question 2

TRUE


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