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Q: What is the Mexican monetary system based on?
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What is the U.S. monetary system based on?

The U.S. monetary system is based on credit; and its money supply consists of currency, coins and checkable public deposits in the banking system. Since 1968, the value of the currency is based on its purchasing power in the economy and around the world.


What is used everyday and based on ten?

metric system is used daily in many parts of the world. And the monetary system too.


What is monetary unit of Mexico?

The Mexican Peso (MXN).


Why couldn't Continental Congress pay for war?

In the beginning they had no monetary system and when they created one it was not based on anything.


How did French mercantilism system work?

System based on the fact that a country benefits by accumulating monetary reserves through a positive balance of trade.


What is the Monetary unit for all the money in Oaxaca?

The Mexican Peso.


What is Jordan's monetary system?

Jordan's monetary system is based on the Jordanian Dinar (JOD). The Central Bank of Jordan is responsible for issuing and regulating the currency in Jordan. The dinar is divided into 10 dirhams, 100 qirsh, or 1000 fils.


Which of the following conclusions can be reached based on the information in the reading passagePresident Garfield believed silver and gold should be used to ensure a sound monetary system?

President Garfield believed silver and gold should be used to ensure a sound monetary system.


Does the word metric system mean a measurement based on the number 10?

does international system of units mean a version of the metric system used by modern scientists


What type of monetary system does antarctica have?

There is no nation-state there, so there are no mints to produce any kind of monetary system.


How did the Cherokee make a living?

Tribes did not 'make a living' as they had no concept of, nor need of a monetary based system, IE: Money.


What kind of monetary unit does Mexico use?

The Mexican Peso:http://en.wikipedia.org/wiki/Mexican_peso