Question: Since 2009 the IMF's exchange rate regime classification system uses a de facto classification methodology. Under this system, a country that has given up its

Since 2009 the IMF's exchange rate regime classification system uses a "de facto classification" methodology. Under this system, a country that has given up its own sovereignty over monetary policy and its currency is fully backed by foreign assets is considered to have:

Question options:

dollarization.
crawling pegs.
currency board arrangements.
floating system.

I got Crawling Pegs wrong

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