What is dollarization and how has it recently affected the economy of specific Latin American countries? Also, what are preventive measures that some of these countries are taking to avoid problems associated with this phenomenon?
What will be an ideal response?
Because of previous experiences with hyperinflation, several countries of Latin America have pegged the value of their currency to the dollar. This helps to reduce inflation, eliminate fears of currency devaluation, and reduce the cost of trade by eliminating currency conversion costs. This policy is often unpopular with voters as dollarization leaves the nation without the ability to make decisions with respect to its own currency, leaving it at the mercy of the United States.
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A) Well A
B) Well B
C) Well C
D) Well D
E) Well E
The energy of the vibrations or the magnitude of an earthquake is reported using the __________.
a. Seismograph numbers. b. Richter scale. c. Magnitude scale. d. Bigone scale.
Of the four major Earth systems, which one is composed of living organisms?
A) atmosphere B) hydrosphere C) lithosphere D) biosphere
A wind reported as 45° would be a wind blowing from the:
a. ?NE. b. ?S. c. ?SW. d. ?NW. e. ?E.