Parallel markets are usually the results of
...Parallel markets are usually the results of
Excess supply
The activities of rich individuals
Price legislation
Inadequate information
Correct answer is C
A parallel market arises when the government limits the amount of foreign exchange that can be bought or sold for particular transactions, causing excess demand or supply to spill over into a parallel market, or authorizes that exchange rates for certain transactions be pegged and for other transactions be floating.
Which of the following items does NOT belong to a country's current account in the balance of pa...
If Nigeria imports vehicles from Japan the transaction will appear as a ...
In a normal (typical) demand schedule, the quantity demand is? ...
Economics is a social science which studies how ...
ECOWAS will enable the countries involved to achieve ...
Which of the following is NOT a major function of a Central Bank? ...
The shape of the long-run average cost curve is best explained by the ...
Productive resources can also be called ...
The difference between the highest and lowest in a set of data is ...