In a Simple Currency Board Arrangement, a Country Can Issue

Multiple Choice

In a simple currency board arrangement, a country can issue

A) domestic currency at its discretion.
B) at its discretion, the foreign currency to which the domestic currency is pegged.
C) domestic currency when the board has an equivalent amount of foreign currency to which the domestic currency is pegged.
D) foreign currency to which the domestic currency is pegged when the board has an equivalent amount of domestic currency.