For Ecuador, an Advantage of Adopting the Dollar as Its

Multiple Choice

For Ecuador, an advantage of adopting the dollar as its official currency is that

A) the Federal Reserve becomes Ecuador's lender of last resort.
B) Ecuador escapes the likelihood of a speculative attack.
C) Ecuador's government can capture revenue by issuing currency (called seigniorage) .
D) Eduador's monetary policy becomes independent from that of the Federal Reserve.