Dollarization is when one country abandons its own currency in favor of

another country's currency. This is good because it will provide a stable currency but

unfortunately the country who changed it's currency has no monetary independence

and no power to print currency. This means that the country controlling the currency

may not keep in mind the affect actions may have on the secondary country's

economy. This is an example of a fiscal policy because it deals with the way a

country handles its money. Other examples of

Some common words found in the essay are:
Stability Dollarization, European UnionEU, local currency, fixed exchange, currency board, exchange rate dollar, monetary union, fixed exchange rate, example fiscal policy, exchange rate, example fiscal, inflation rates, rate dollar, fiscal policy, economic boom,
Approximate Word count = 413
Approximate Pages = 2 (250 words per page double spaced)