__________ occurs when a country abolishes its own currency and adopts the currency of some other country.

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Dollarization occurs when a country stops using its own currency and adopts the US dollar or another foreign currency as its official currency. It is often done to increase stability and credibility of the national currency, to lower inflation and to facilitate international trade and investments. Demonetization refers to the process of invalidating currency notes or coins from circulation within a country, which is a different concept. A currency swap involves exchanging one currency for another for a specific period of time, often as a way of managing financial risks or raising capital. A currency board is a monetary system in which a country maintains a fixed exchange rate with a reserve currency, often by backing its own currency with foreign reserves.

__________ Occurs When a Country Abolishes Its Own Currency and Adopts