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:
In the late 1700s, as a result of mass production in the United States, goods became less expensive to manufacture and buy.
Explanation:
Answer:
Bobby Sands
Died 5 May 1981 (aged 27) HM Prison Maze, County Down, Northern Ireland
Cause of death 1981 Irish hunger strike
Nationality Irish
Political party Anti H-Block
Explanation:
<span>The answer is a strike. Labor strikes are caused whenever workers have a disagreement with their contracts at their employment. The workers gather in mass and refuse to work in the hopes that their employers will hear their concerns and meet their demands for better working conditions.</span>
