Match each exchange rate regime to its best description. Group of answer choices Formal Dollarization the currency of another country circulates as the legal tender Currency Board the value of one currency is fixed relative to a reference currency but the currency is not fully backed by foreign exchange reserves Pegged Exchange Rate the value of one currency is fixed relative to a reference currency but the currency is not fully backed by foreign exchange reserves Dirty/Managed Float a country's currency is nominally allowed to float freely against other currencies, but the government will intervene if it believes that the currency has deviated too far from its fair value Independently Floating [ Choose ]