When International Investment Is Not Restricted, a Commitment to Fixing

When international investment is not restricted, a commitment to fixing the exchange rate requires policy makers to:

A) choose between policies that address specific domestic economic goals over policies that focus on exchange rate expectations.
B) keep rates of return on assets from being lower than in other countries.
C) sacrifice domestic political interests if their desired economic policies could upset expectations about future exchange rates.
D) prohibit people from freely moving their wealth into and out of the country.