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Why did the system of fixed exchange rates eventually become obsolete?
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A system involves the direct exchange of goods and services without the use of money as a medium of exchange?
A _barter_ system involves the direct exchange of goods and services without the use of money as a medium of exchange.
What system involves the direct exchange of goods and services without the use of money as a medium of exchange?
Barter system involves the direct exchange of goods and services for the same.
Which foreign exchange system has the highest foreign exchange rate?
The Zimbabwean has the highest foreign exchange rate.
What exchange rate system allows for fluctuations in currency values on a day-to-day basis?
A flexible exchange rate system allows for fluctuations in currency values on a day-to-day basis. Another kind of system would be a fixed exchange rate system.
The collapse of the fixed-exchange-rate system led to what new system?
This led to a managed flexible-exchange-rate system with agreement among major countries that they would try to coordinate exchange rates based on price indexes.
What would eventually render the feudal system obsolete?
The Butts
What does archaic match with?
"Archaic" is often associated with words like "old-fashioned," "outdated," or "antiquated." It can refer to language, customs, or beliefs that are no longer in common use or relevant to contemporary society.
What is is a Bulletin Board Service?
A bulletin board service is a type of computer system, now largely obsolete, which is used to exchange messages and data.
Why did the feudal system become obsolete?
Medieval society no longer centered around the castle. The towns and cities (population centers) grew.
Limitations result when a system that was designed for a specific hardware configuration become obsolete when new hardware is introduced which one will go this sentence mission or feasibility or relat?
Performance limitations result when a system that was designed for a specific hardware configuration becomes obsolete when a new hardware is introduced.
What would happen if the reproductive system stopped working?
the earth will become extinct eventually
What is alarum?
An alarum is a danger system or warning, or a call to arms. A term used in Shakespeare plays, it has largely become obsolete outside of its use as a deliberate historical term.
What is an alarum?
An alarum is a danger system or warning, or a call to arms. A term used in Shakespeare plays, it has largely become obsolete outside of its use as a deliberate historical term.
How was the south finally conquered during the civil war?
By Grant ending the system of prisoner-exchange, knowing that the Confederates would eventually run out of manpower.
What is a 1 pint?
It is a measure of volume in an obsolete measurement system.
Is the five kingdom classification system considered obsolete?
Yes, the five kingdom classification system is considered to be oversimplified and outdated in modern biology. It has been largely replaced by more detailed and complex classification systems based on genetic and evolutionary relationships among organisms.
Why barter system become obssolete?
The barter system became obsolete because of the problem of Double Coincidence of Wants. This means that for a transaction to take place both parties must require what the other party has to offer and be able to agree on the relative values of each others goods. If I have ten chickens and want a cow, I may not be able to find someone with a cow wanting to exchange it for ten chickens. Society found that to be able to better fulfil our wants, another method of exchange was required, hence money was developed.
