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1.A black market in foreign currency exchange transactions is most likely to arise if a country _____. A.imposes strict capital controls B.allows its currency to

1.A black market in foreign currency exchange transactions is most likely to arise if a country _____.

A.imposes strict capital controls

B.allows its currency to float freely

C.uses a currency board

D.uses a fixed peg exchange rate management strategy

E."dollarizes" its economy

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