When a country shifts from fixed to floating exchange rates, it: increases the effectiveness of both fiscal and monetary policy. decreases the effectiveness of both fiscal and monetary policy. increases the effectiveness of fiscal policy and decreases the effectiveness of monetary policy. increases the effectiveness of monetary policy and decreases the effectiveness of fiscal policy. has no effect on the effectiveness of policy. Choose the most correct answer by clicking a button, or by typing a letter from the keyboard and pressing the tab key. In which of the following system is the market for foreign exchange outlawed? Flexible exchange rates Fixed but convertible exchange rates Fixed, non-convertible exchange rates A dirty float Choose the most correct answer by clicking a button, or by typing a letter from the keyboard and pressing the tab key.