If a country adopts another country's currency, it is called

A) dollarization.
B) a crawling peg.
C) a dirty float.
D) monetary order.

A

Economics

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What are the implications of there being a large number of firms in a monopolistically competitive market?

What will be an ideal response?

Economics

Sugar and honey are viewed as substitutes for each other in many cooking applications. If the price of sugar rises, we would expect the:

a. demand for honey to increase. b. demand for honey to decrease. c. quantity demanded of honey to decrease. d. price of honey to decrease. e. quantity demanded of honey to increase.

Economics