If Mexico fully dollarizes its economy, it agrees to

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If Mexico fully dollarizes its economy, it would replace its currency, pesos, with U.S. dollars in its economy. This means that all transactions in Mexico would be conducted using U.S. dollars, and pesos would no longer be used as legal tender. This would likely lead to greater stability in Mexico's economy, as it would no longer be subject to fluctuations in the value of its currency. However, it would also mean that Mexico would have less control over its monetary policy, as it would be unable to print its own currency in order to finance deficits of its national government.

If Mexico Fully Dollarizes Its Economy, It Agrees to