<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.
Answer:
there wouldn't be a society because there would be no offspring
Explanation:
Well, since people used to use it to sail and explore areas on water, it would have to be,
C. To sail a ship from Africa to South America
-Mabel <3
Answer:
C- Improvements of the steam engine
Explanation:
Answer:
Nepal is a country of Natural beauty. It has unlimited natural resources. There are 14 peaks of heights above 8000m. Among them, the highest peak of the World Mt. Everest (Sagarmatha) which is 8,848m. It is located in the Mahalangurn mountain range in Nepal and Tibet.
Sagarmatha has been named in the name of British surveyor Colonel of Royal Geographical Society. Mount Everest attracts many climbers, some of them highly experienced mountaineers. There are two main climbing routes, one approaching the summit from the southeast in Nepal (known as the standard route) and the other from the north in Tibet. Neplese are identified as honest, kind and good people in the World
