increase: decrease Question 34 Under a fixed exchange rate system, an anchor country loses control over its monetary policy. a country that ties its currency to that of another country gains control of the other country's monetary policy a country that ties its currency to that of another country loses control over its monetary policy a country that ties its currency to that of another country acquires greater control over its monetary policy. Question 35 Under a managed float exchange rate regime, policymakers frequently do not want to see their currencies depre makes goods more expensive for consumers and contributes to Inflation