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Chat points The number of independent countries has almost tripled since World War is in 1996 there were 70 independent countries, and today there are

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Chat points The number of independent countries has almost tripled since World War is in 1996 there were 70 independent countries, and today there are 19 Not surprisingly, the expansion of the number of countries led to a proliferation of the number of currencies More recently, however the proliferation of many small countries, the increasing volume of world commerce in goods and services and in financial exchanges, and the renewed emphasis on price stability are formidable forces leading toward dollariation . Explain the concept of dollaritation and explain the reasons for adopting it. (1.5 points) the discuss the three types of dollarization and provide examples at any three countries that have adopted the different forms dollarization (at least one each). (1.5 points) Evaluate the two advantages and two disadvantages of emtuacing dollarization. points) d. Analyse whether the European Union in implementing the concept dollarication ti point)

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