The Arab Maghreb Union or AMU consists of Algeria, Libya, Mauritania, Morocco, and Tunisia.
When the countries of Tunisia and Morocco became independent countries, it was also during that moment that the concept of an economic union was first thought of. The chief of state of the 5 members of these countries manages the AMU.
Because they were on the same team & teammates help eachother out
Answer:
A)
Explanation:
Inelastic demand means that the demand would not change as price changes. It generally happens for goods that are non-replacable, with little competition, and other factors (e.g. location, short-run) that make the buyer insensitive to the price.
Answer:
Flexible
Explanation:
Flexible exchange rate system is a monetary system that is determined by the forces of demand and supply in the foreign exchange market, just like the price of a commodity. In response to the demand and supply change, the currency value is allowed to fluctuate freely without any form of government intervention or control by central banks.
What Individuals who buy and sell currency in international market think the currency is worth affects the flexible rates, and their judgments are centered on the strength of the economy, debt levels of the country and interest rates of central banks.
