lmontoya8121 lmontoya8121
  • 02-02-2015
  • Social Studies
contestada

What's the rationale for adopting the US dollar as "legal tender" in Argentina?

Respuesta :

Gibbs
Gibbs Gibbs
  • 02-02-2015
Adopting the US dollar as "legal tender" in Argentina and in other countries is a specific currency policy that is called "dollarization." This fixed currency policy uses the currency of a foreign country that is believed to be more stable because of previous domestic currency problems such as hyper inflation. The goal is to stabilize the country's economy by substituting another currency for their own currency. 
Answer Link

Otras preguntas

describe how you could find the product of 700 and 900
social darwinism was used to justify all of the following except a. the existence of poverty. c. the power of millionaire industrialists. b. the success of big
a joule is equivalent to a
what are the branches of climatology?
what is the meaning of the word resigned in this statement from Anti-Federalist Paper No.84? A. Given Up B. Divided Between C. Provided for D.Explained to
Why did the industrial revolution end?
suggest two legitimate ways citizens may show dissatisfaction with their government.
julie goes to the park across the street from her house several times a day and jogs a total of six miles every day. she jogs three-fourth of a mile at a time.
What is the unit rate of a 13 ounce of package of pustachios cost $5.99
what country is the worlds leading grower and exporter of bananas