Between 1995 and 2005, China chose to:
A) conduct independent monetary policy, allow free international-capital flows, and maintain a fixed exchange rate.
B) maintain a fixed exchange rate, allow free international-capital flows, and give up the use of monetary policy for domestic stabilization.
C) conduct an independent monetary policy, restrict international-capital flows, and maintain a fixed exchange rate.
D) allow a flexible exchange rate, conduct an independent monetary policy, and allow free international-capital flows.
Correct Answer:
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