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 cannot be open to international capital flows if it expects to control its own domestic interest rate and to fix its exchange rate
Correct Answer:
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