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book International Business 15th Edition by John Daniels ,Lee Radebaugh, Daniel Sullivan cover

International Business 15th Edition by John Daniels ,Lee Radebaugh, Daniel Sullivan

Edition 15ISBN: 978-0133457230
book International Business 15th Edition by John Daniels ,Lee Radebaugh, Daniel Sullivan cover

International Business 15th Edition by John Daniels ,Lee Radebaugh, Daniel Sullivan

Edition 15ISBN: 978-0133457230
Exercise 2
In Chapter 7, we mentioned that Mexico and Canada have kept their own currency, even though they are partnered with the U.S. in NAFTA. Why do you think they have decided not to adopt the U.S. dollar as their currency, even though El Salvador and Ecuador, who are not members of NAFTA, have adopted the dollar as their currency?
Explanation
Verified
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Introduction on the stated case:
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International Business 15th Edition by John Daniels ,Lee Radebaugh, Daniel Sullivan
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