Which of the Following Is NOT an Argument Against Dollarization

question 8

Multiple Choice

Which of the following is NOT an argument against dollarization?

• A) The dollarized country's central bank can no longer act as a lender of last resort.
• B) The dollarized country can no longer profit from seignorage (the ability to profit from the creation of money within its economy).
• C) The dollarized country losses sovereignty over its own monetary policy.
• D) All of the above are arguments against dollarization from the viewpoint of the affected country.

---

Definitions:

Costal Cartilage

Flexible connective tissue that links the ribs to the sternum, facilitating the expansion and contraction of the chest cavity.

Sternum

The long, flat bone located in the center of the chest, to which the ribs are attached anteriorly, also known as the breastbone.

Curvatures

Bends or curves in a structure, organ, or path, which can vary in degree and can affect bodily functions or posture.

Vertebral Column

The flexible, bony structure forming the backbone or spine in humans and other vertebrates, comprised of individual vertebrae, providing support and protection to the spinal cord.