Under Exchange-Rate Targeting,the Central Bank in the Targeting Country ________

question 38

Multiple Choice

Under exchange-rate targeting,the central bank in the targeting country ________ lose the ability to pursue its own independent monetary policy and any shocks to the anchor country is ________ transmitted to the targeting country.

• A)does;directly
• B)does not;directly
• C)does;not directly
• D)does not;not directly