I MEAN, I WOULDN'T BE SURPRISED, SO YEAH, I THINK SO?
Answer:
Its three fundamental features are systematic empiricism, empirical questions, and public knowledge.
Explanation:
Answer:
A long narrow stretch of Hills is called ridge.
<u>The correct answers are the following:</u>
- showing the relative strength of different nations’ currencies.
- examining spending patterns across nations and continents.
The exchange rate provides the amount of one currency that has to be provided (price) in order to obtain one unit of a different currency.
Exchange rates are mostly fixed by the forces of supply and demand, hence, depending on consumer needs and preferences and of their relative abudance or scarcity. Threfore, <u>the final exchange rate (price) reached in the market shows the strength of a currency against a foreign one. </u>
Moreover, demand and supply of currencies arise due to international commercial activities that require traders to exchange their money into a different currencies if they want to purchase/sell abroad. Therefore, <u>exchange rates (prices) reached are also dependent on spending patterns in the different countries, </u>more specifically on the streams of exports and imports.
