QUESTION IMAGE
Question
what is an example of a country that makes use of another nation’s currency? germany france mexico panama
Panama uses the United States Dollar (USD) as its currency, which is another nation's (the United States) currency. Germany uses the Euro (but the Euro is a shared currency among Eurozone nations, originally from the European Union's monetary union; however, in terms of "using another nation's currency" in a more direct sense, Panama's use of USD fits better here as it adopted the USD as its official currency, while Germany is part of the Eurozone with the Euro as its currency, France also uses the Euro, and Mexico has its own currency (Mexican Peso). So among the options, Panama is the country that uses another nation's (US) currency.
Snap & solve any problem in the app
Get step-by-step solutions on Sovi AI
Photo-based solutions with guided steps
Explore more problems and detailed explanations
Panama