<u>The correct answers are the following:</u>
- showing the relative strength of different nations’ currencies.
- examining spending patterns across nations and continents.
The exchange rate provides the amount of one currency that has to be provided (price) in order to obtain one unit of a different currency.
Exchange rates are mostly fixed by the forces of supply and demand, hence, depending on consumer needs and preferences and of their relative abudance or scarcity. Threfore, <u>the final exchange rate (price) reached in the market shows the strength of a currency against a foreign one. </u>
Moreover, demand and supply of currencies arise due to international commercial activities that require traders to exchange their money into a different currencies if they want to purchase/sell abroad. Therefore, <u>exchange rates (prices) reached are also dependent on spending patterns in the different countries, </u>more specifically on the streams of exports and imports.
Answer:
the correct answer is relative
Answer:
Wood is the first likely source. There was no invention to find petroleum, natural gas, or coal
The Star-Spangled Banner is a poem written by the then 35-year-old lawyer, amateur poet Francis Scott Key on 14 September 1814. Key was a witness to the Fort McHenry bombing by British Royal Navy ships in the port of Baltimore. The bombing occurred during the Battle of Baltimore, in the war of 1812. The poet wrote this poem because he was inspired by the great American flag with 15 stars and 15 stripes. The flag is known as the Star-Spangled Banner, which triumphantly flared during the US victory.
The answer is: Battle of Baltimore between British invaders and Americn defenders in the war of 1812.
