Pressures in the foreign exchange market are such as to cause the Klokionian mark to depreciate with respect to the U.S. dollar. If Klokionia is trying to maintain a fixed exchange rate with respect to the U.S. dollar, which of the following interventions will stem the pressures for depreciation of the Klokionian mark?
A.
Klokionia should sell Klokionian marks and buy U.S. dollars.
B.
Klokionia should fix its currency to gold.
C.
Klokionia should buy Klokionian markets and sell U.S. dollars.
D.
Klokionia does not need to intervene in the market since the exchange rate is fixed.