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The authors discuss the concept of the "Impossible Trinity" or the inability to achieve simultaneously the goals of exchange rate stability, full financial integration, and monetary independence. If a country chooses to have a pure float exchange rate regime, which two of the three goals is a country most able to achieve?A) Full financial integration and monetary independence.B) Exchange rate stability and full financial integration.C) Monetary independence and exchange rate stability.D) A country cannot attain any of the exchange rate goals with a pure float exchange rate regime.

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