Which of the following is NOT an argument against dollarization?
A) Dollarization causes a loss of sovereignty over domestic monetary policy.
B) Dollarization removes currency volatility against the dollar.
C) Dollarization causes the country to lose the power of seignorage.
D) The central bank of the dollarized country loses the role of lender of last resort.
Answer: B
Business
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A) political and legal B) sociocultural C) economic D) technological E) natural
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Connector lists are static documents
Indicate whether the statement is true or false
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