Join ExamsbookAnswer : 1. "Capital Account Convertibility"
Which of the following policies of the financial sectors is basically designed to transfer local financial assets into foreign financial assets freely and at market determined exchange rates?5
Q: Which of the following policies of the financial sectors is basically designed to transfer local financial assets into foreign financial assets freely and at market determined exchange rates?
- 1Capital Account Convertibilitytrue
- 2Financial Deficit Managementfalse
- 3Mimimum Support Pricefalse
- 4Restrictive Trade Practicesfalse
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Answer : 1. "Capital Account Convertibility"
Explanation :
Answer: A) Capital Account Convertibility Explanation:
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