dollarization
🇺🇸
/ˌdɑːlərəˈzeɪʃn/
🇬🇧
/ˌdɒləraɪˈzeɪʃn/
When a country starts using the US dollar as its main money instead of its own currency.
The small island nation decided on dollarization to boost its economy.
这个小岛屿国家决定采用美元化以刺激其经济。
When the US dollar has a very big effect on the way a country's economy works.
The country faced many challenges due to the dollarization of its economy.
由于经济美元化,该国面临许多挑战。