<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:
Peer testimony
Explanation:
A testimony is simply called a given statement by a person who possesses a reasonable or logical connection to the subject, field or topic and He or she must be a credible source. Mostly, it can be used to either clarify or prove a point.
Peer testimony can simply be defined as when a statement or testimony is being given by an individual who does not have expertise in the that particular area, field or subject that is in question. they can also be called antiauthorities because it's testimony source that is neither expert nor celebrity, but likely to the subject of an audience. Paul may not be an expert in that field but he has personal experience with the issue in question.
1778-1825) William McIntosh was a controversial chief of the Lower Creeks in early-nineteenth-century Georgia. His general support of the United States and its efforts to obtain cessions of Creek territory alienated him from many Creeks who opposed white encroachment on indianland.
Answer:
I believe it is C.
Explanation:
I am not sure, but it looks the most logical to me if you think about.
Hope it helped! If it did, brainliest??
