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WorksheetsDollarization
Total questions: 10
Worksheet time: 5mins
Name
Class
Date
1.
Dollarization is...
a)
changing currency to dollars
b)
changing currency to yens
c)
changing currency to euros
2.
Ecuador went through this process
a)
True
b)
False
3.
Sucre was the currency of Ecuador
a)
True
b)
False
4.
Sucre IS STILL the currency of Ecuador
a)
True
b)
False
5.
The value of the Sucre fell drastically
a)
True
b)
False
6.
The Sucre lost its value in 2000
a)
True
b)
False
7.
Ecuadorians first started adopting dollars informally
a)
True
b)
False
8.
People used dollars to avoid losing their purchasing power.
a)
True
b)
False
9.
We changed to dollars in order to halt or stop hyperinflation.
a)
True
b)
False
10.
Do you think it was a good decision? the dollarization
a)
Yes
b)
No
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