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Numeraire and Dollarization
Numeraire and dollarization are both terms that refer to a country's adoption of a foreign currency as a numeraire and/or legal tender instead of a national currency. Numeraire is a unit of account, ...
Numeraire and dollarization are both terms that refer to a country's adoption of a foreign currency as a numeraire and/or legal tender instead of a national currency. Numeraire is a unit of account, ...
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