<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.
Answer His dream of practicing Catholicism openly
Explanation:
Answer:
Three ways in which employment could minimize emotional stress is as follows:
Workplace is a different environment. If you are stress by your home then being in a workplace can help you stay away from the source of stress.
Your workmates is a potential source of happiness. ...
Being paid by the task that you have done
Geographic location.
Tropical regions usually have average 65f or higher due to it being close to the equator. temperate climate usually varies, not too hot not too cold
