The Government of Beryllia Tightly Controls the Ability of Its

question 87

Multiple Choice

The government of Beryllia tightly controls the ability of its residents to convert its currency into other currencies.However,all foreign businesses with deposits in banks of Beryllia may,at any time,convert all their currency into foreign currency and take them out of the country.Beryllia's currency is said to be

• A)leading.
• B)nonconvertible.
• C)externally convertible.
• D)freely convertible.
• E)lagging.