Answer:
The dollar depreciates against the Euro.
Explanation:
When the U.S Federal Reserve lowered nominal interest rates on the dollar as compare to European Central bank lowered on the Euro in the period of 2001-2004.The effect of this decision was that the dollar depreciated against the euro.Since the nominal interest rates on dollar are lower than as compared to that are on Euro.
The answer will be people!
The “Description of the World” is one of the most important books in history. It contains the narrative of Marco Polo’s journey from Europe to Asia (at the court of Kublai Khan) in the thirteenth century. The book details information about plant growing in different areas and daily life for citizens in Asian countries who were at war.
This book was also influential to Christopher Columbus who decided to follow a western route to Asia after reading “The Description of the World”
