单选题
编号：2695674
1. In the classification of currency regimes, a currency board system (CBS) most likely differs from a fixed-rate parity system in that:
- A.A CBS has a discretionary target level of foreign exchange reserves.
- B.A CBS can peg to a basket of currencies but a fixed-rate system cannot.
- C.The monetary authority within a CBS does not act as a traditional lender of last resort.