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The Deutsche Mark (German: [ˈdɔʏtʃə ˈmaʁk] (About this soundlisten), "German mark"), abbreviated "DM" or "D-Mark" [ˈdeːˌmaʁk] (About this soundlisten), was the official currency of West Germany from 1948 until 1990 and later the unified Germany from 1990 until 2002. It was first issued under Allied occupation in 1948 to replace the Reichsmark, and served as the Federal Republic of Germany's official currency from its founding the following year until the adoption of the euro. In English it is commonly called the "Deutschmark" (/ˈdɔɪtʃmɑːrk/); this expression is unknown in Germany.[citation needed] The Germans usually called it D-Mark when referring to the currency, and Mark when talking about individual sums.[citation needed]
In 1999, the Deutsche Mark was replaced by the euro; its coins and banknotes remained in circulation, defined in terms of euros, until the introduction of euro notes and coins on 1 January 2002. The Deutsche Mark ceased to be legal tender immediately upon the introduction of the euro—in contrast to the other eurozone nations, where the euro and legacy currency circulated side by side for up to two months. Mark coins and banknotes continued to be accepted as valid forms of payment in Germany until 28 February 2002.
The Deutsche Bundesbank has guaranteed that all German marks in cash form may be changed into euros indefinitely, and one may do so in person at any branch of the Bundesbank in Germany. Banknotes and coins can even be sent to the Bundesbank by mail.[2] In 2012, it was estimated that as many as 13.2 billion marks were in circulation, with one poll showing a narrow majority of Germans favouring the currency's restoration (although a minority believed this would not bring any economic benefit).[3]
On 31 December 1998, the Council of the European Union fixed the irrevocable exchange rate, effective 1 January 1999, for German mark to euros as DM 1.95583 = €1.[4]
One Deutsche Mark was divided into 100 pfennige.
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C.) Job loss
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A.) is incorrect because protectionism is reduced when countries engage in more trade agreements. Reducing protectionism is generally seen as a good thing. Protectionism involves protecting a country's economy mainly by taxing imports. The fact that countries are willing to participate in more trade with other countries directly opposes this theory.
B.) is incorrect because sanctions involve decreasing trade with other countries. Sanctions are some form of penalties a country places on another to pressure or protect themselves against that country. Sanctions make it more difficult to purchase international products and can negatively impact domestic businesses and citizens.
C.) is correct because this is the only negative consequence of more trade agreements. When trade expands, citizens have an easier time buying products from other countries. If citizens begin to purchase less domestic products, some companies may lose business. With less business comes more lay offs and lost jobs.
D.) is incorrect because tariffs would be loosened if trade agreements are reached. Tariffs are taxes placed on items entering a country that are meant to discourage international purchases. Lower taxes on foreign items makes the products cheaper for consumers.
Buddhism is a very peaceful religioun, I doubt it would be spread by violence
<span>Walking Purchase was a 1737 agreement between the Penn family, the proprietors of Pennsylvania, and the Lenape.</span>
<span>Lines of longitude and latitude are used to create a system of coordinates. hope this helps</span>
