<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.
Mina is probably diagnosed and suffers from the disorder of seasonal affective disorder which is letter c in the choices above. It is because a person with seasonal affective disorder is usually treated and undergoes to light therapy and takes antidepressant in which Mina has been given by her doctor.
The four causes of conflict are: differing aims and methods, competing or disparage goals, differences in philosophies and personality conflicts.
The Tigris and the Euphrates rivers have always been important to civilization. These two rivers cross through the ancient area of Mesopotamia, which is considered the "cradle of civilization."
However, nowadays, the rivers cross international boundaries. This has become an important problem for the region. The fact that the rivers cross boundaries means that it becomes difficult to establish who has the right to make use of the river. Moreover, this also means that it is difficult to decide who is responsible for damage or pollution to such rivers.
