Limits on the Flow of Foreign Exchange and Financial Investment

question 13

Multiple Choice

Limits on the flow of foreign exchange and financial investment across countries are called

• A)capital controls.
• B)fixed exchange rates.
• C)credit constraints.
• D)currency restrictions.

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Definitions:

Equitable Remedy

Judicial relief granted based on principles of fairness, including actions like injunctions and specific performance, as opposed to monetary damages.

Breach of Contract

An act of failing to fulfill the duties agreed upon in a contract, leading to legal ramifications for the party in breach.

Creditor

An individual or organization that is owed a financial debt or obligation by a debtor.

Refuse Payment

The act of declining to make a payment that is due, often due to a dispute over the service or goods provided.