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romanna [79]
4 years ago
12

Why are currency exchange systems important for international trade?

History
1 answer:
Alexxx [7]4 years ago
7 0

Answer:

The reason why we need a system of currency exchange in order to conduct international trade is because different countries use different types of currency. They do so because national sovereignty allows each nation to establish its own currency. However, we need a system to pay for goods that are purchased from other countries. This is why the currency exchange system allows us to conduct international trade

Explanation:

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What is one way that the introduction of cash crops affected the American colonies?
Zepler [3.9K]

Answer:

hope it helps ....

Cash crops were one of the main reasons the United States is where it is today. Production of tobacco was one of the major reasons the early British-American Colonies grew as large as they did due to the influx of money into their economy. ... Cereal crops, forage, and oilseeds are big players in their economy.

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4 years ago
The Truman Doctrine and the North Atlantic Treaty Organization (NATO) were United States responses to the
zlopas [31]
The Warsaw Pact, which included; <span>Bulgaria, Czechoslovakia, East Germany, Hungary, Poland, Romania, and the Soviet Union.</span>
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3 years ago
What started the Cold War?Events that took place between the 1940's and 1950's?
kap26 [50]
There were many different reasons for the cold war, I'll only include a few.

Firstly the breakdown the the wartime alliance; Russia(soviet union) and America never got along but they both put aside their differences to fight against a common enemy, Hitler. Their hatred for Hitler kept the alliance going through the war however when Germany was defeated, they had no reason to stay friends.

They also have different ideological beliefs. America believed in capitalism, where there was a free economy with privately owned businesses and people making profit. Whereas the Ussr believed in communism, where the economy is controlled by the state, businesses are controlled by the state and a doctor would have the same wages as a cleaner- They wanted it to be fair for people.

Stalin was angry that Britain and America kept delaying D-Day, believing it was a plot to allow Germany to weaken the Soviet Union therefore there was tension.

Germany;
Stalin wanted huge reparations from Germany, and a ‘buffer’ of friendly states to protect the USSR from being invaded again.
Britain and the USA wanted to protect democracy, and help Germany to recover. They were worried that large areas of eastern Europe were falling under Soviet control.
It was difficult to come to an agreement.

There was resentment;
Britain and the USA could not forget that Stalin had signed the Nazi-Soviet Pact with Germany in 1939.
The Soviet Union could not forget that in 1918 Britain and the USA had tried to destroy the Russian Revolution

There are a few more I've missed out, but here's a good starting point.
3 0
3 years ago
What purpose did large stone heads like this one serve in the olmec culture​
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The heads are part of Olmec civilization of ancient Mesoamerica. The common reason why they made this because of their religious belief.

<u>Explanation:</u>

The Olmecs are famously known for the statues they carved: 20 ton stone heads, quarried and carved to commemorate their rulers. They are the first known civilization in America and the first to have this unique kind of construction.

Like most of the early Mesoamerican cultures, Olmec also believed in three tiers of existence: the physical realm they inhabited, an underworld and a sky realm, home of most of the gods.

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3 years ago
What qualities did they both possess? What injustices did they both face?
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What are the people or communities,
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