Exchange control is a weapon used in regulating
ECONOMICS
WAEC 2013
Exchange control is a weapon used in regulating
- A. barter trade
- B. stock exchange
- C. foreign trade
- D. internal trade
Correct Answer: C. foreign trade
Explanation
Exchange control is a governmental restriction on the movement of currency between countries. It is means of controlling and regulating foreign trade. With this, the value of a currency is upheld and made to compete with other international currencies
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