1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
swat32
4 years ago
13

For this table, the reference currency is the _______

History
2 answers:
Mariana [72]4 years ago
4 0

For this table, the reference currency is the Euro.

  • The reference currency means that the euro is the base unit, the table shows how much is one euro worth in the different currencies. This can be observed on the first row of the second column where it says (euro= 1)

The exchange rate of the euro to the US dollar and most other currencies is determined by supply and demand.

  • Most countries have a flexible exchange rate. This means that the government does not have a fixed exchange rate. With a fixed exchange rate the government compromises to give a given amount of money in exchange for one unit of a specific currency. Whenever, there is a flexible exchange rate, the price of another currency is determined by the incoming and outgoing capital.

According to the chart, one euro would buy 1.2149 Swiss francs.

  • This can be found in the fourth row and second column of the chart.
  • 1 euro = 1.2149 Swiss francs

It would cost 1.28 US dollars to buy one euro.

  • 1 euro = 1.28 US dollars
  • This can be found in the last row and second column of the chart.
GrogVix [38]4 years ago
4 0

In order the answers are:

B- Euro

A- supply and demand

B- 1.2149

A- 0.84

Hope this helps!

You might be interested in
The answer is it tripled
bekas [8.4K]

I'm gonna say yes? Hope this helped you out.


4 0
3 years ago
What are the new forms of literature that modern-day people like us
Maslowich

Answer: non fiction prose

Explanation:

8 0
3 years ago
Who were the winners and losers from the exploits of companies like the VOC?
Anuta_ua [19.1K]

Answer:

The winners were the ship owners, business people, and the Dutch people generally.  They profited so much from their exploits of the local Indians by occupying their lands, buying goods, especially spices, at cheap prices, and selling at highly profitable prices.  The riches of the Netherlands can be attributed to the activities of companies like the VOC.

Civilization is another major winner.  The operations of companies like VOC was a necessary evil that opened up the world to myriads of technological advancements and civilization, bringing in Christianity for the salvation of souls.

The ostensible losers were the local Indians and West Africans who were transported across the Atlantic as slaves.  The psychological defeat entrenched by foreign occupation and in slavery had not waned till today.  

But, there is no longer the need to regret the past.  Those whose lands were occupied and those enslaved should come to terms with the extant facts and move forward doggedly.  Afterall, they also profited by being unchained from cruel traditions like the killing of twins.  In addition, many have embraced Jesus Christ, the way to the Father God.

Explanation:

Using such companies as the VOC (Verenigde Oostindische Compagnie in Dutch), the Dutch challenged the dominance of the Portuguese in International Trade and Slavery.  The VOC was created in 1602 and lasted till 1800 with its main purpose as trade (both in goods and humans), exploration of natural resources, and colonization of indigenous peoples.

6 0
3 years ago
What were the causes and consequences of the civil war
shepuryov [24]

Well, slavery was the dominant issue that led to the Civil War. Tensions between the North and the South had begun due to other issues, such as bitter debates about federal tariffs and infrastructure. ... This arrangement of tariffs on the one hand and infrastructure development on the other was called the American System.

7 0
4 years ago
What was the approximate population of the Ottoman Empire when the Mughal Empire in India was founded in 1520
DaniilM [7]

2.2 million people was the population in 1520

5 0
4 years ago
Read 2 more answers
Other questions:
  • Which sacred text does the following come from?
    8·1 answer
  • Select the correct answer
    11·2 answers
  • Which scenario best illustrates the idea of justice according to the Twelve Tables?
    14·2 answers
  • In what ways did the pace of Europe accelerate by the 18th century
    6·1 answer
  • Under the system of sharecropping, contracts usually favored... 1)Landowners 2)Laborers 3)Freedmen 4)The gov.
    6·2 answers
  • Jon has just paid his first mortgage payment. Which payment is he not required to make
    8·2 answers
  • How did the Navajo code talkers help conclude world war 2?
    15·2 answers
  • Which was one result of the Muslim conquest of North Africa?
    9·1 answer
  • 1. live on the branches of trees, get nutrients from the air and rain
    8·1 answer
  • Answer both correctly and I’ll give y’all 100 points sent from me asap pleade help
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!