Throughout Most of the Post-World War II Period, the Use

question 14

Essay

Throughout most of the post-World War II period, the use of capital controls by governments around the world was declining. But in the late 1990s, a number of governments expressed renewed interest in capital controls. What accounts for this renewed interest?

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Definitions:

Sea Level

The general level of the ocean's surface, used as a baseline for measuring elevation or depth on Earth.

Sea Cave

A type of cave formed primarily by the wave action of the sea, often found along coastlines.

Sea Stack

An isolated, pillar-like, rocky island or pinnacle near a rocky coastline.

Promontory

A high point of land or rock projecting into a body of water or over a lowland, often offering broad views of the surrounding area.