In Some Developing Countries, Different Exchange Rates Apply to Different

In some developing countries, different exchange rates apply to different categories of transaction, and therefore _____

A) the local currency is not easily convertible to foreign currency.
B) the local currency is very easily convertible to foreign currency.
C) the prices of foreign goods fluctuate widely in domestic markets.
D) the prices of domestic goods fluctuate widely in foreign markets.
E) domestic investors are more inclined to invest in foreign assets.

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