[单选题]

The monetary authority of The Stoddard Islands will exchange its currency for U.S. dollars at a one-for-one ratio. As a result, the exchange rate of the Stoddard Islands currency with the U.S. dollar is 00, and many businesses in the Islands will accept U.S. dollars in transactions. This exchange rate regime is best described as:

A.A fixed peg.

B.dollarization.

C.A currency board.

参考答案与解析:

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