<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.
False. Article 1 states its regulated to the federal government.
Giving them access to information their own Languages
Answer: Praetorians found Claudius cowering behind a curtain after they assassinated his nephew Caligula. They were in the process of ransacking the palace, but instead of killing Claudius, they recognized him as the brother of their much loved Germanicus and persuaded Claudius to take the throne. The Senate had been at work finding a new successor, but the praetorians again imposed their will.
The new emperor bought the continued allegiance of the praetorian guard.
One of Claudius' wives, Messalina, had produced an heir known as Britannicus, but Claudius' last wife, Agrippina, persuaded Claudius to adopt her son — whom we know as Nero — as heir.
Explanation:
Answer:
In early 1803, Jefferson appointed James Monroe as a special envoy to France. Monroe and Minister to France Robert Livingston would try to buy land east of the Mississippi or in New Orleans itself, or, if all else failed, to secure U.S. access to the river. Jefferson authorized them to negotiate up to $10 million.
Explanation: