<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.
Countries on the coastline benefit the most by location because it's much easier to trade.
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Answer:
Our country Nepal is rich in natural beauties, gifts, resources, and wonders. There are many places and things of cultural, historical and religious importance. Mt. Everest, the highest peak in the world, lies in Nepal. We are proud of it. The snowcapped mountain peaks beautiful water resources, the green forests of hypnotic beauty, flora and fauna, etc. attracts many tourists every year.
Nowadays tourism in Nepal is very important. Nepal is a suitable place to promote tourism. Nature has given us many things which are liked by tourists. Some tourists come here to enjoy natural beauties and wonders. Some of them visit our country for trekking and climbing mountains. Some want to learn something about our history, culture, religion and so on. We can see that some tourists come here to enjoy their holidays.
