Regarding exchange rate regimes, which of the following statements is NOT valid?\ Group of answer choices\ \ Over the past thirty years the U.S. has been able to achieve FX rate stability with the U.K. by integrating the capital markets of the two countries while maintaining full independence of monetary policy. \ \ Fixed rate regimes are more stimulative to trade as it eliminates exchange rate uncertainty.\ \ Adoption of either fixed or floating rate regimes by a given country could lead to an eventual currency crisis in that country.\ \ Low inflation is more likely to be associated with a fixed rate rather than a floating rate regime.