A geographic area outside the U.S. in which the U.S. dollar – is officially adopted as the unit of currency, as was the case in Argentina and Ecuador in 2001, or – plays an important role as a secondary currency, as is the case in many places in Latin America. In this case, one also speaks of de facto dollarization (DE FACTO-dollarization). – See Dollarization, Euroization.
Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent!
University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk
https://www.jung-stilling-gesellschaft.de/merk/
https://www.gerhardmerk.de/