Problem
1. Give two examples of countries where capital controls were imposed.
2. What do capital controls imply for the response of the economy to shocks?
3. Are capital controls a good idea? Why or why not?
4. Are capital controls effective in practice? Explain.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.