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Why would a nation dollarizethat is, adopt another country's currency instead of having its own? By the way, this isn't a theoretical question. Ecuador and

Why would a nation "dollarize"that is, adopt another country's currency instead of having its own? By the way, this isn't a theoretical question. Ecuador and a handful of other countries have done this. Why would they do thas? What are the pros and cons of this strategy?

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