It depends if it goes latitude or longitude
<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: Target market
Explanation: The target market simply mean a group of people within an environment in which the goods produced and services rendered by a particular organization is aimed. The organization identifies their target market on the basis of characteristics such as sex, age, race, cultural inclination and so on. After identifying the target market, the organization designs and implements their goods and services based on the needs of the targeted consumers and ultimately results in mutually beneficial investments for both parties.
Frederick Douglass was disappointed by the Dred Scott decision. He highlights this by saying his "hopes were never brighter" that the nation should be awakened by the decision of such a powerful country through religion (God being above man and in conrol).
Maybe it’s Asia? (sorry if it’s not correct)
