Q. Which of the following is/are fully dollarized economies?
1.Cuba
2.Panama
3.Ecuador
Select the correct answer from below given codes:
Red Book
Red Book

[A] Only one

[B] Only two

[C] Only three

[D] None

Answer: B
Notes:

Explanation: 3 fully dollarized economies – Ecuador, Panama and El Salvador have had successful economic outcomes following dollarization.

Source: FORUMIAS

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