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Essay

Dollarization

Essay specific features

 

Issue:

Business

 

Written by:

Michael C

 

Date added:

March 23, 2014

 

Level:

 

Grade:

A

 

No of pages / words:

15 / 4183

 

Was viewed:

8127 times

 

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Essay content:

With several countries having adopted the US dollar to stabilize their economy in order to ensure economic growth, and along with the successful installation of the Euro has resulted in increased debates regarding a monetary policy between Canada and the US. Several proposals, ranging from unilateral adoption of the US dollar to a full-blown monetary union have both been put forward and received support from numerous politicians and economist among both sides...
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There will be a closer look regarding the advantages and disadvantages from the perspectives of different stakeholders. Furthermore there will be a look at the potential effects that could occur regarding social, political, and economical factors if such a monetary policy would be implemented. Finally after looking at the possible benefits and disadvantages I will recommend what I believe to be in the best interest regarding Canada and Mexico decision to adopt the same currency...
displayed 300 characters

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