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Ilia_Sergeevich [38]
2 years ago
11

How did slaves contribute to the economic success of the Southern Colonies?

Social Studies
1 answer:
NikAS [45]2 years ago
5 0

If the Confederacy had been a separate nation, it would have ranked as the fourth richest in the world at the start of the Civil War. The slave economy had been very good to American prosperity. By the start of the war, the South was producing 75 percent of the world’s cotton and creating more millionaires per capita in the Mississippi River valley than anywhere in the nation. Slaves represented Southern planters’ most significant investment—and the bulk of their wealth

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Transaction exposure deals with cash flows that result from existing contractual obligations.

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It is specifically the risk that exchange rates will change after a company has already committed to a financial obligation. These foreign enterprises are extremely vulnerable to changing exchange rates, which can result in significant capital losses.

Transaction exposure often carries only one side of the risk. The only company that might experience this vulnerability is one that completes a transaction in a foreign currency.

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<h3>What is meant by neutropenia?</h3>

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