Ans
In finance, an exchange rate is the rate at which one currency will be exchanged for another. It is also regarded as the value of one country's currency in relation to another currency.
Explanation:
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On May 7, 1915, a german submarine torpedoed and sank the Lusitania, a British cruiseliner which had 128 American citizens on board, as well as military goods. It was the first step to the US joining the war.
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Here are the reasons how US <span>foreign policy can affect the average US citizen:
1) Globalization affects US domestic life. Everything that happens overseas affects citizen's life. The best example is European crisis.
2) All decisions in foreign policies have the consequences. The war in Iraq increased the national debt and interest payments.
3) US unique place in history. US government systematically invests in new technologies and competes with foreign countries. This competition is very important to develop their education and infrastructure.</span>
