Each of the following is something that a country can do to reduce its vulnerability to foreign exchange crisis except

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Options A, B, and C are measures that can help a country reduce its vulnerability to foreign exchange crises. Option A involves discouraging borrowing in foreign currencies to prevent issues related to currency mismatches. Option B suggests having a flexible exchange rate system to absorb shocks without causing domestic economic problems. Option C acknowledges the importance of controlling capital movements to maintain a fixed exchange rate. However, option D, which suggests that keeping an exchange rate fixed requires the free flow of capital, can actually increase vulnerability to foreign exchange crises by making the economy more susceptible to sudden stops and reversals of capital flows.

Each of the Following Is Something That a Country Can