Author Question: When Excelsior's Limited tried to convert its earnings from one country, the government stipulated ... (Read 95 times)

mrsjacobs44

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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

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Answer to Question 1

B

Answer to Question 2

TRUE



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