Author Question: If a developing country institutes a currency board, it relinquishes control over having A) ... (Read 57 times)

kshipps · **on:** Jun 30, 2018

If a developing country institutes a currency board, it relinquishes control over having

A) monetary policy autonomy.
B) exchange rate stability.
C) freedom of capital movement.
D) freedom of labor movement.
E) all of its funds.

Question 2

What is a difficulty encountered in regulating international banking?

A) excessive deposit insurance rates on international banks
B) absence of reserve requirements
C) oppressive regulatory controls that reduce competitiveness
D) lack of funds and incentive to secure payments
E) variability in exchange rates