Question: The Impossible Trinity or Trilemma implies that Question options: a) a 'credibly fixed' strengthens both the capital market integration and monetary independence but at the

The "Impossible Trinity" or Trilemma implies that

Question options:

a)

a 'credibly fixed' strengthens both the capital market integration and monetary independence but at the cost of capital market integration

b)

a 'pure float' strengthens both the capital market integration and exchange rate stability but at the cost of monetary independence

c)

a 'complete capital control' brings about the exchange rate stability and market integration but at the cost of monetary independence

d)

a 'pure float' strengthens both the monetary independence and capital market integration but at the cost of exchange rate stability

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