Economics Dictionary of Arguments

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 Convertibility - Economics Dictionary of Arguments
 
Convertibility: Convertibility in economics refers to the ease with which a country's currency can be exchanged for another currency or gold. It is classified as current account convertibility (for trade and services) and capital account convertibility (for investments). Full convertibility facilitates international trade and investment by eliminating currency restrictions. Also see Currency
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Annotation: The above characterizations of concepts are neither definitions nor exhausting presentations of problems related to them. Instead, they are intended to give a short introduction to the contributions below. – Lexicon of Arguments.
 
Author Item    More concepts for author
 
Rothbard, Murray N. Convertibility   Rothbard, Murray N.

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Ed. Martin Schulz, access date 2025-07-15