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What is the primary purpose of capital account convertibility in the context of international finance?a)To facilitate currency manipulation by central banksb)To promote financial openness and integration with global marketsc)To restrict cross-border capital flowsd)To stabilize exchange rates in domestic marketsCorrect answer is option 'B'. Can you explain this answer? for B Com 2024 is part of B Com preparation. The Question and answers have been prepared according to the B Com exam syllabus. Information about What is the primary purpose of capital account convertibility in the context of international finance?a)To facilitate currency manipulation by central banksb)To promote financial openness and integration with global marketsc)To restrict cross-border capital flowsd)To stabilize exchange rates in domestic marketsCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for B Com 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for What is the primary purpose of capital account convertibility in the context of international finance?a)To facilitate currency manipulation by central banksb)To promote financial openness and integration with global marketsc)To restrict cross-border capital flowsd)To stabilize exchange rates in domestic marketsCorrect answer is option 'B'. Can you explain this answer?.

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