Author Question: In the 1980s and 1990s, an increasing number of states removed the restrictions on capital flows, ... (Read 49 times)

Bob-Dole · **on:** Sep 4, 2018

In the 1980s and 1990s, an increasing number of states removed the restrictions on capital flows, one by one, that had been part of every state's policies since World War II. Which is NOT a reason that states removed these controls?

a. Actors who controlled a lot of capital put pressure on governments to allow freer movement.
b. States removed these controls because allowing capital mobility provided access to massive amounts ofinternational capital.
c. Liberalization is the belief that markets are better than governments at allocating economic resources.
d. The WTO required free capital flow for membership.

Question 2

The international monetary system that followed the collapse of the Bretton Woods agreement consisted of all the following features except

a. coordinated government intervention.
b. unilateral government policies.
c. market forces.
d. unrestricted capital movement.