When a country forgoes its own currency and starts using another country's currency as its own, we say that this country has
A) created a currency board.
B) undergone dollarization.
C) adopted a managed exchange system.
D) adopted an exchange rate monetary system.
B
Economics
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An incentive is
A) a reward or a penalty that encourages or discourages an action. B) when people make rational choices by comparing costs and benefits. C) what you must give up to get something. D) a choice is made on the margin. E) a good or service that satisfies wants.
Economics
Based on U.S. data for 2011, the poverty rate is the highest for which group of people?
a. children b. married couples c. female-headed households, no spouse present d. the elderly
Economics