2 ms·
Their currency doesn't float on the market. Strict capital controls are a hidden tax on exports. Imports are then tariff-ed to balance their sheet. It's an alte
by csomar 5y ago
Their currency doesn't float on the market. Strict capital controls are a hidden tax on exports. Imports are then tariff-ed to balance their sheet. It's an alternative taxation method if you cannot establish a compliant citizenry around your tax system.