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

Exchange Rate.


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

Yes, that is correct.


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 did the European Explorers trade with the First Nations?

European explorers traded goods such as beads, cloth, metal tools, and weapons with the First Nations in exchange for furs, food, and other resources. This trade allowed both groups to acquire goods that were not readily available in their own regions.


Why did the Europeans and the first nations trade with each other?

Europeans traded with First Nations to obtain goods such as furs, fish, and other natural resources that were valuable in Europe. In return, First Nations received goods like metal tools, weapons, and cloth that were not readily available in their own communities. This exchange of goods allowed both groups to access items they needed or desired.


When was the first American Stock Exchange?

The first stock exchange was the Philadelphia Stock Exchange in 1790.


What did the first nations believe?

I believe the first nations belived in god


What did the first nations do for Canada?

the first nations ate slept hunted


What does first nations have to do with bulrushes?

first nations sometimes eat bulrushes


What is the first nations?

First nations are not Metis or Iunit. First nations are no longer called indains. Their culture has a varity of art, music, and entertainment.


How does the exchange rate of nations currency influence the balance of payments of an economy?

bhag madarchod


What are some positive effects of the first nations contact with the early explorers?

Some positive effects of the First Nations' contact with early explorers include trade of goods and resources, sharing of knowledge and cultures, and the establishment of diplomatic relationships. This contact also led to the exchange of ideas and technologies that benefited both groups.