20 Which of the following statements regarding monetary policy under a fixed exchange rate system iscorrect?
(A) An anchor country loses control over its monetary policy.
(B) A country that ties its currency to that of another country acquires greater control over its monetarypolicy.
(C) A country that ties its currency to that of another country gains control over that country’s monetarypolicy.
(D) A country that ties its currency to that of another country loses control over its own monetary policy.