Advocates of Floating Exchange Rates Contend That This System Provides

Advocates of floating exchange rates contend that this system provides all of the following advantages except it

A) gives monetary authorities more autonomy than would a fixed exchange rate system
B) provides for small, continuous changes in exchange rates rather than large changes
C) can absorb economic shocks better than would a fixed exchange rate system
D) permits governments to neutralize short-run fluctuations in exchange rates