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.
Answer: expand the borders of
ratify the Constitution for
declare the independence of
Explanation:
because both had adopted some free-market practices early on and had hired advisers to speed the transformation of the economy.
They set up business schools and worked to attract foreign capital, anchoring themselves securely to the world economy.
The Executive branch is run by a governor who is elected by the most citizens in a state. Hope this helps
Answer:
A peaceful approach
Explanation:
The NAACP took peaceful means of protest over violent ways. This included protest rallies, marches and sit-ins. One of the most famous sit-ins were the Greensborough sit-ins, which sparked an increase of sit-in protests.