Between 1995 and 2005, China Chose To

Multiple Choice

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.