If Ecuador adopts the U.S.dollar as its official currency, the country loses its seigniorage.

Name: If Ecuador adopts the U.S.dollar as its official currency, the country loses its seigniorage.
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Seigniorage is the profit made by a government by issuing currency. If Ecuador adopts the U.S. dollar as its official currency, it will no longer have the ability to issue its own currency and therefore will lose its seigniorage.

If Ecuador Adopts the U