In international trade, an exchange rate is a number that is used to show the value of one currency compared to another.
The <u> mercantilism </u>theory is based on the assumption that the wealth of the world is fixed.
It was first published as An Inquiry into the Nature and Causes of the Wealth of Nations, more generally known as The Wealth of Nations. The book was written by BY Adam Smith, a Scottish moral philosopher by profession, to explain the industrialized capitalism system.
According to mercantilism, wealth was set and limited. The only way to succeed was to stockpile gold and impose tariffs on imports.
This theory suggests that nations should sell their products to other nations while making no purchases in return. Predictably, nations entered into cycles of retaliatory tariffs that stifled global trade.
To learn more about mercantilism click here:
brainly.com/question/909450
#SPJ4
Answer:
Brainliest Please
Explanation:
It can tell us that Neanderthals were practical: perhaps they buried their dead so as not to attract scavengers or spare themselves the smell of a decomposing corpse. But it also tells us that they gave death the respect it deserves:
Answer:
Georgia is bordered to the north by Tennessee and North Carolina, to the northeast by South Carolina, to the southeast by the Atlantic Ocean, to the south by Florida, and to the west by Alabama.
She is engaging in role play which is the act of taking the role of someone else. Since she is pretending to be Cinderella, she is taking the role of Cinderella and imitating the character as a whole. She is roleplaying Cinderella to be short.