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WAEC Economics 2013 Objective — Question 36

Question 36 of 50 from the West African Examinations Council (WAEC) Economics 2013 Objective paper, with the correct answer and a full explanation.

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Exchange control is a weapon used in regulating

  • A. barter trade
  • B. stock exchange
  • C. foreign tradeCorrect
  • D. internal trade

Explanation

Exchange control regulates foreign trade, which involves the use of other countries' currencies and directly affects the exchange rate.

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