Dollarization of a Currency Occurs When a Country Takes All

question 25

True/False

Dollarization of a currency occurs when a country takes all of its own currency out of circulation and replaces it with U.S.dollars.

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Definitions:

IRDS

Infant Respiratory Distress Syndrome; a condition in newborns causing respiratory failure due to insufficient surfactant in the lungs.

Inherited Disease

A disorder or condition that is passed genetically from parent to child, which may be evident at birth or develop later in life.

Progressive Disability

A condition where an individual experiences an increase in the limitations on their physical or mental abilities over time.

Early Death

Death occurring before the average age of natural mortality in a given population.