Which of the Following Statements Is Incorrect

question 26

Multiple Choice

Which of the following statements is incorrect?

• A) A country cannot be open to international capital flows, control its domestic interest rate and fix its exchange rate.
• B) A country can be open to international capital flows and control its own domestic interest rate but it can't fix its exchange rate.
• C) A country can be open to international capital flows, control its domestic interest rate, and fix its exchange rate.
• D) A country can be open to international capital flows and fix its exchange rate but could not also control its own domestic interest rate.

---

Definitions:

Charged Criminally

The formal accusation made against an individual by a governmental authority asserting that the individual has committed a crime.

Jury Trial

A legal proceeding where a jury made up of citizens determines the outcome of a case.

Double Jeopardy

The legal principle that prohibits an individual from being tried twice for the same crime in the same jurisdiction.

Provincial Court

A lower level court in Canada that handles less serious criminal offenses, family law (excluding divorce), and small claims.