The correct statement is: A. The expectation of an appreciation euro increases the demand for euros and decreases the supply of euros on the foreign exchange market. The result is a higher exchange rate in the near future.
<h3>Exchange rate</h3>
In a situation were the exchange rate is expected to rise appreciation euro will tend to increase which will in turn will lead to more demand for Euro.
When there high demand for Euro, the supply for Euro will tend to reduce on the foreign exchange market based on the fact that exchange rate is often determine by the foreign exchange market.
Therefore the correct option is A.
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The Tigris River flowed from turkey through iraq
Answer:
The Dhamma mahamatras were officers who helped in propagating the message of Dhamma and also enabling the emperor to keep in touch with the public opinion. The duties of the Dhamma mahamatras are explained in the major rock edict no V, built by Ashoka.
Unemployment hit millions of Germans, as companies shut down or downsized. Others lost their savings as banks folded.
Answer:
Clothing. Upper-class colonists wear expensive clothes of the European fashion, with materials consisting of silk, velvet, satin, and lace. Lower-class colonists wear the same style of clothing, but they are handmade; their dresses and breeches are made from linen, wool, and leather.
Explanation:
