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    Exam 10: The Foreign Exchange Market
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    A Currency Is Said to Be _____ When Only Nonresidents
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A Currency Is Said to Be _____ When Only Nonresidents

Question 124

Question 124

Multiple Choice

A currency is said to be _____ when only nonresidents may convert it into a foreign currency without any limitations.


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

Correct Answer:

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