Benefits of Fixed Exchange Rate Regimes

In a discussion about international finance, two economists are debating the implications of different exchange rate regimes. Economist A argues that a fixed exchange rate provides greater stability for trade and investment, while Economist B points out that a floating exchange rate allows a country to better respond to economic shocks. They both agree that exchange rate regimes have profound effects on a nation's economy.

Consider the following statements regarding exchange rate regimes:

Which of the following statements accurately describes an advantage of a fixed exchange rate regime?