<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:
Chemical vapors may penetrate the contact lens material and cause the lens to adhere to one's eye.
Explanation:
A person is participating in partial hospitalization when he/she is being treated for schizophrenia and goes each day to a center where the focus is on improving social skills and receiving therapy. Partial hospitalization provides a program for outpatient psychiatric services. This is more intense than the care given by a doctor. Likewise, this treatment is given during the day and does not require the patient to stay overnight.
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Answer:
The right answer is Cecil Rhodes.
Explanation:
His full names is Cecil John Rhodes.
Rhodes was born on<em> 5 July 1853</em> at <u>Netteswell House</u>, <em>Bishops Stortford</em>, <em>Hertfordshire</em> in <u>England</u>. Died on the <em>26 March 1902</em>.
He was a son of a vicar. Cecil, as he was fondly called didn't go to school because of a weakness of the lungs. He went to a local grammar school at <em>Bishop’s Stortford</em>. He has strong believe in the British imperialism. He founded Zimbabwe and Zambia( which was called the <u><em>southern African territory of Rhodesia</em></u>,then )
