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Question

In which of the following countries was a National Exchange Control Administration (CADIVI) set up to approve all legal purchases of foreign currency ?

A
Brazil
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B
Spain
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C
Venezuela
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D
Mexico
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Solution

The correct option is D Venezuela
CADIVI ( Comision de Administracion de Divisas - Commission for the Administration of currency Exchange) is the Venezuelan government body which administers legal currency exchange in Venezuela.

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