<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.
Hi there! These are the 7 articles of the Constitution.
1)Create a legislative branch with two houses
2)Create a judicial branch with a federal court system.
3)Tell how to propose and ratify amendments.
4)State the process to ratify the Constitution.
5)Create an executive branch with one president.
6)Say the Constitution is the supreme law of the land.
7) Create a firm league of friendship between states (unify the states)
Julius Caesar was an emperor Abraham Lincoln was not. Caesar ruled for a longer time than Lincoln and they both had good political values and were both very involved with the citizens. Malcolm X stood up for what he thought was right and didn't back down. All three were assassinated for what they believed was right. Czar Nichols also thought he had good values and all together, all of these people we assassinated for what they thought was right and were involved with their citizens.
