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Question
When Argentina fixed the exchange rate of their peso to the U.S. dollar, one outcome was:A. Argentinean central bankers regained control of their domestic interest rate.
B. Argentinean central bankers were finally able to focus their attention on domestic monetary policy.
C. Argentinean central bankers effectively gave control of their domestic interest rate to the FOMC.
D. Argentineans began using the U.S. dollar for all of their transactions.
Answer
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