If you work across time zones, borders and cultures, this is the show for you. In the "Concept" series, Leo aims at defining a topic in international business. These are shorter episodes to illustrate key concepts in this discipline.
Today we present the concept of dollarization.
Dollarization occurs when a country transitions from using its domestic currency to adopting a foreign currency– typically the US dollar - to use alongside or instead of its own currency.
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