Question: Please mark the only INCORRECT statement about Exchange Rate Regimes Some emerging market countries suffering from high inflation may use a fixed exchange rate versus

Please mark the only INCORRECT statement about Exchange Rate Regimes Some emerging market countries suffering from high inflation may use a fixed exchange rate versus the US dollar to reduce O a. inflation because the fixed exchange rate will anchor domestic prices to stable foreign prices O b. A currency board is classified as a hard peg O c. A free-floating exhange rate system allows a country maintain an independent monetary policy When a country like Croatia joins a Monetary Union like the Euro zone and adopts the Euro, then it gains full freedom to use O d. monetary policy to stimulate growth and employment

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