Solved

When a Country Forgoes Its Own Currency and Starts Using

Question 57

Multiple Choice

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.

Related Questions

Q52: From 1994 to 2005,China chose to have

Q53: When gold production was low in the

Q54: Because many emerging market countries have not

Q55: Under the Exchange Rate Mechanism of the

Q56: The revenue a government gains from issuing

Q58: If the United States has a current

Q59: Exchange-rate targeting allows a central bank to

Q60: Explain and demonstrate graphically the situation of

Q61: When Americans _ their net holdings of

Q62: The seignorage for a government is greater