El Salvador abandoned its currency,the Colon,in favor of the U.S.dollar.This process is referred to as
A)re-structuration.
B)re-colonization.
C)international monetizing.
D)dollarization.

Question

Quizplus · Accepted Answer

The process of abandoning a country's currency in favor of the U.S. dollar is known as dollarization. This is the best choice among the options provided.

El Salvador Abandoned Its Currency,the Colon,in Favor of the U