Managed Floats of Currencies Have All of the Following Characteristics

Multiple Choice

Managed floats of currencies have all of the following characteristics except:

A) They allow currency values to be determined purely by supply and demand
B) Countries can use fiscal and/or monetary policies to influence exchange rate values
C) Allows nations to raise or lower interest rates to attract or deter foreign capital
D) Permits countries to change taxation structures to encourage or discourage