<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:
i said it without messing up
Explanation:
i'm not joking
Dr. Jekyll is best described as rich and has excellent shape. He was destined for a good future.
<h3>Who was Dr. Jekyll?</h3>
<em>Dr. Jekyll</em> was an honorable <em>English doctor</em> who was born in a wealthy and reputed family. He was gifted with <u>intelligence and confidence</u>. The personality of Dr was very decent that made him get involved in many charitable works.
Therefore, he was very well equipped with all resources and determination to reach his goals, which offered him a destined career in the future.
Learn more about Dr. Jekyll here:
brainly.com/question/6816751
The answer to this question is Medicaid.
Answer:
His efforts paid off, with much of the Song imperial family surrendering to Kublai in 1276, but the war continued for another three years. In 1279, Kublai became the first Mongol to rule all of China when he conquered the last of the Song loyalists.
Siblings: Hulagu Khan, Ariq Böke, Möngke Kh...
Nationality: Mongol Empire, Mongolia
Died: February 18, 1294
