The Difference Between Dollarization and a Currency Board Is That

question 43

Multiple Choice

The difference between dollarization and a currency board is that

• A) dollarization is a type of fixed exchange rate regime while a currency board is not.
• B) the government earns seigniorage under a currency board.
• C) a currency board uses specie to set a minimum value for the exchange rate.
• D) none of the above.

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Definitions:

Adults

Individuals who have reached the age where they are considered to be fully developed physically and mentally, and are legally responsible for their actions.

Sub-Par

Below an expected or standard level of quality or performance.

Excuses

Reasons or explanations put forward to defend or justify a fault or offense, often made to avoid taking responsibility.

Self-Talk

The internal dialogue that occurs in one's mind, which can be positive or negative and has the power to influence feelings and behaviors.