<u>Answer:</u>
According to the International fisher effect , for any two countries, the spot exchange rate should change in an equal amount but in the opposite direction to the difference in nominal interest rates between the two countries.
<u>Explanation:</u>
- International fisher effect states that if there is difference in nominal rate in two countries then this might affect the exchange rate of the two countries.
- If any country has higher nominal interest then there is a higher chance of inflation which might result in depreciation in there currency.
- For example XYZ country has 8% nominal interest and another ABC country have 10%. If we look closely, country ABC will be more appreciable but the country with higher interest will have higher inflation rate.
- So, inflation depreciates the currency of country as compared with the country with low nominal interest.
The answer is A: a constitution with detailed language and rules.
A constitution is a <em>set of political principles</em>, that are guides to help a state to be governed, specially in relation to the people it governs, presenting the <em>rights of the people</em>. Also, it seeks to r<em>egulate the relationship between institutions of the state, and between individuals and the state.</em>
Answer:
medium of exchange
Explanation:
utilizing the money to exchange for the product
Oops I wanted to help but sorry
due to over population there is pressure on our natural resources, to full fill the demand of growing population more industries, vehicles, machines are required, that along with the required Target also emits harmful gases, polluted liquids, chemicals etc., which causes imbalance in nature like green house effect, change in rain, snow patterns ,etc.
