Dollarization Refers To

Multiple Choice

Dollarization refers to:

A) increased trade with the United States, resulting in a glut of dollars circulating in the domestic economy.
B) the fall of the U.S. dollar.
C) the dominance of the U.S. dollar in international finance.
D) the adoption of any foreign currency as an official currency by nations outside the United States, such as El Salvador and Ecuador.