It was a idea made by President Woodrow Wilson to form a nation of sovereignty.<span />
<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.
They wanted to have land that they could farm. The east was already crowded by large farms and cities. They were also in search of gold. There were also many trees that could be cut down and sent east, these people sought out a way to make money, or provide for their families that was not in the congested dirty cities of the east.
Exposure therapy
<span>Exposure therapy refers to technique where a patient is
gradually exposed and made to face their fears, anxieties and phobias without the intention of causing any harm or danger. The
goal of exposure therapy is to provide a safe environment in which patients can
gradually face their fear and learn techniques to overcome it.
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