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Other Fields Homework Help Economics Topic started by: valputin on Nov 29, 2015



Title: When a domestic currency is completely backed by a foreign currency and the note-issuing authority e
Post by: valputin on Nov 29, 2015
When a domestic currency is completely backed by a foreign currency and the note-issuing authority establishes a fixed exchange rate to this foreign currency, then the country is said to have
A) undergone dollarization.
B) adopted a managed exchange system.
C) adopted an exchange rate monetary system.
D) created a currency board.


Title: Re: When a domestic currency is completely backed by a foreign currency and the note-issuing authori
Post by: Meela on Nov 29, 2015
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Title: Re: When a domestic currency is completely backed by a foreign currency and the note-issuing authority e
Post by: valputin on Dec 14, 2015
Thank you


Title: Re: When a domestic currency is completely backed by a foreign currency and the note-issuing authority e
Post by: Meela on Dec 14, 2015
Great! Happy to be right :p