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Which of the following is impossible for a country to choose simultaneously? Fixed exchange rate, free capital flows, and an independent monetary policy Flexible exchange
Which of the following is impossible for a country to choose simultaneously?
- Fixed exchange rate, free capital flows, and an independent monetary policy
- Flexible exchange rate, free capital flows, and an independent monetary policy
- Fixed exchange rate, capital controls, and an independent monetary policy
- Fixed exchange rate, free capital flows, and a monetary policy subject to keeping the exchange rate unchanged
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