<span>Seeing that the Imperialism of the last three decades is clearly condemned as a business policy, in that at enormous expense it has produced a small, bad, unsafe increase of markets, and has jeopardized the entire wealth of the nation in rousing the strong resentment of other nations.</span>
Answer:
cut spending equal to the reduction in tax revenue
Explanation:
I am if this is wrong
Answer:anti government turbulence has also increased in recent years. In Africa this has led to disaffection.
Explanation:
<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.
