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Without operational criteria for managing currency relationships, exchange rates have been increasingly determined by volatile international capital movements rather than by trade relationships.

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What is the trade between nations known as?

The trade between nations is known as international trade. It involves the exchange of goods and services across borders, allowing countries to access resources and products they may not have domestically. This trade can enhance economic growth, increase market competition, and promote cultural exchange among nations.


Are Nations increasingly economically independent today?

Nope


What is The value of a foreign nations currency in terms of the home nations currency?

Exchange Rate.


What was the solution to the division in India between Muslims and Hindus in 1947?

the British decided to divide India into two nations- Muslim Pakistan and Hindu-dominated, India


If a Canadian gets a DUI in the US how is it reported to Canada?

A cooperative agreement between the two nations allows for the exchange of motor vehicle records and violations.


What caused a rise in tension between European nations?

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Is the exchange rate is the price of one nations currency in terms of another nations currency?

Yes, that is correct.


What was Yalta and what was the result?

The Allied leaders decided to establish the United Nations.


How are they alike individual trade between people and international trade between market economy nations?

Individual trade between people and international trade between market economy nations is alike in the aspect that there is an exchange of goods or services. One person, or country, trades a product with another person, or country, for a service or money.It is voluntary and mutually beneficial.


What is the connection between migration and global economic interperdance?

Migration and global economic interdependence are closely linked, as migration often occurs in response to economic opportunities, disparities, and labor demands across countries. As people move for work, they contribute to the economies of their host nations while also sending remittances back to their home countries, which can stimulate economic growth. Furthermore, the flow of migrants can enhance cultural exchange and innovation, fostering stronger economic ties between nations. This interconnectedness illustrates how global labor markets are increasingly integrated.


Why do nations need a system of currency exchange rate?

Nations need a system of currency exchange rate in order to be able to tell the value of their currencies. The exchange rate is set again the price of gold in order to have some uniformity across all nations.


What country decided to leave the problem of Palestine to the United Nations?

Great Britain