Answer:
Rice, cotton or mangoes etc.
Explanation:
The motivations for colonial expansion were trade and the spread of the Christian faith through indigenous conversions. The Spanish conquistador Juan Ponce de Leon was an early invader of the Americas, traveling to the New World on Columbus' second voyage.
If a political party puts the party agenda above the needs of the people it is known as partisan politics. In early American democracy, voting was done orally or by word of mouth. In absentee voting, a person marks the ballot and then swears for it before a notary public.
Assume that British interest rates are higher than U.S. rates, and that the spot rate equals the forward rate. Covered interest arbitrage puts <u>upward</u> pressure on the pounds spot rate and <u>downward</u> pressure on the pound's forward rate.
<u>Explanation</u>:
<u>Interest rate</u> is the amount of interest charged by a person for lending his money. The interest rate for the amount borrowed or amount lent depends on the principal amount.
The <u>spot rate</u> also known as settlement price is the amount quoted for the immediate settlement of a property. It is determined based on the current market value of the property.
A <u>forward rate</u> is a forward-looking price which is quoted as the settlement price for the transaction that will not take place until specific date.
Answer: The corect answer is B. These products are very diffucult to produce
