People can use a drip irrigation system to give water to the plants they grow on their home landscaping.
<h3>What is the
comparison between traditional falaj with modern irrigation system?</h3>
China was the birthplace of the drip irrigation technology. They use clay pots filled with water to transport water from the lake or river to the residence.
The modern drip irrigation method was developed in Germany in the 1860s and has been continually improved through time. Instead of clay pots, drip irrigation now mostly uses modern sprinkler systems. People have also discovered a means to ensure that the volume of water given is properly divided so that water supplies are not depleted too quickly.
Thus, People can use a drip irrigation system to give water
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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.
