Question: 18. Dollarization refers to A) the fact that the US uses the dollar to carry out all of its international transactions B) a stricter

18. Dollarization refers to A) the fact that the US uses the dollar to carry out all of its international transactions B) a stricter form of fixed exchange rate where the domestic economy uses a hard currency like the US dollar instead of its domestic currency C) the fact that the value of the US dollar is set by the Federal Reserve (the CB of the US.) D) the fact that net capital outflows in Canada are measured in US dollar terms.

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