Which of the following responses are intended to cope with problems associated with floating exchange rates? Select one: a. Managed float, pegged exchange rates, and currency circumvention b. Pegged exchange rates, currency boards, and managed float c. Currency boards, currency circumvention, and managed float d. Currency circumvention, currency boards, and pegged exchange rates In the event that a country has a currency board and its domestic currency declines in value in the foreign exchange market, its currency board will: Select one: a. Use holdings of domestic currency to buy foreign currency in the foreign exchange market b. Use holdings of domestic currency to sell foreign currency in the foreign exchange market c. Use holdings of foreign currency to buy domestic currency in the foreign exchange market d. Use holdings of foreign currency to sell domestic currency in the foreign exchange market