Abstract
The article considers the transformation of the money function as a consequence of the impact of dollarization on the economic development of countries in the global context. The economic substantiation of the process of dollarization of the economy, which is connected with the function of money, is proved. The influence of dollarization on the macro – and macro levels of the economy is substantiated. Approaches to methods of estimating dollarization on the economic development of the country in the context of globalization are proposed.
 The article defines the degree of dependence of the machine-building industry of Ukraine on the processes of dollarization of the world economy through the use of the effect of transferring the dynamics of changes in exchange rates to the price dynamics in the machine-building industry. Using the ARIMA model, the effect of transferring the exchange rate to prices for mechanical engineering products is proved. The expediency of using the ARIMA forecasting model to predict the further spread of the effect of the change in exchange rates on prices.
 An approach is proposed to determine the sensitivity of domestic prices for the products of engineering enterprises to changes in the exchange rate through modified elasticity coefficients. It was determined factors affecting the size of the effect of transfer of the exchange rate on domestic prices for the products of machine-building enterprises.
Highlights
Under the influence of globalization, traditional pricing factors change in their content and content
Dollarization contributes to the emergence of a new pricing factor - changes in exchange rates, which occurs on the methodology and pricing strategy of enterprises and entire sectors of the economy and many countries around the world, especially with economies in transition
Significant contributions to the study of dollarization of transition economies have been made by scientists such as: Calvo G
Summary
Under the influence of globalization, traditional pricing factors change in their content and content. There are new factors of global subordination, which should be attributed to uncontrolled factors for the company In this context, one of the most important trends in globalization, which affects the transformation of pricing factors, is the dollarization of national economies. Dollarization, as a global process, takes place against the background of partial or complete substitution of national currencies by the dollar in the internal settlements of many countries, which is associated with unofficial dollarization. It has been generally accepted among scholars that the problem of dollarization is more inherent in transition economies or emerging economies.
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