Which ONE of the following is NOT an example of the policy maker's trilemma problem when selecting foreign exchange regimes?

Select one:

a.Australia wants a floating exchange rate and an independent monetary policy and so imposes capital controls over the inward and outflow of funds.

b.The UK wants monetary independence and a free flow of capital, and so needs a free-floating exchange rate.

c.China favours monetary independence and exchange rate stability and so imposes capital controls.

d.Malaysia prefers monetary independence and stable exchange rate and so imposes capital controls over the inward and outflow of funds.

e.Denmark wants a stable exchange rate and a free flow of capital and so gives up monetary independence.