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Dollarization occurs Select one: when foreign countries buy U.S. debt when a for

ID: 1207490 • Letter: D

Question

Dollarization occurs Select one: when foreign countries buy U.S. debt when a foreign country uses the U.S. dollar as its currency when the United States uses a foreign currency as its currency. when many nations agree to use one common currency Which of the following s NOT a way that a country can finance a trade deficit? Select one: sale of assets increased exports reduction in cash reserves increased borrowing Protectionism is the economy policy of restraining trade though quotas, tariffs, or other regulations that heavily burden producers. Select one inefficient monopoly foreign domestic

Explanation / Answer

16. b) when a foreign country uses the U.S dollar as its currency.

17. c) reduction in cash reserves as it increases future trade deficit

18. c) foreign

Restrictions are imposed on foreign countries so that domestic industry can develop itself and save from the competition.

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