The exchange rates of a currency are responsible for the purpose of comparison of currencies of two different countries.
<h3>What is currency exchange?</h3>
The rate at which the one currency is exchanged at with another currency(s) is known as the rate of currency exchange. These currencies generally vary with a change in their countries.
Hence, option C holds true regarding the currency exchange.
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Buddhist monasteries and temples were built on untaxed land, and monks did not perform labor service
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Answer:
Confucianism is a good type of "soft power" because it is a very well structured system of ethical, moral, and even political beliefs.
In fact, China had a lot of soft power in the past because of the confucian organization of the Chinese state. Korean and Japanese states of the time had some confucian influences.
B.) to leave alone and let be
Laissez-faire refers to a free market economic policy where the government has no control over the economy. It is a French term which means to "let it be".
Capitalism in its pure form is a laissez-faire economic system. During the late 19th century, the US practiced laissez-faire capitalism. The government had no regulations on the economic system and employers were allowed to run their businesses as they wished. In a free system like this there are opportunities to become very wealthy but workers are often exploited.
