What is a problem with exchanging currency? People make more money by trading currency. Banks do not like to exchange their money for other currencies. It costs more to do business because banks charge fees for exchanges. Most people want to use American dollars to trade. European Union The Eurozone is an area where countries use the euro as currency to pay for goods and services. Not all members of the European Union use the euro as their currency. Item at position 5

Answers

Answer 1

The correct answer is: "It costs more to do business because banks charge fees for exchanges."

A problem with exchanging currency is "it costs more to do business because banks charge fees for exchanges."

Indeed that is part of the bank industry, a big part of the bank system. In every currency exchange operation, the bank charges a fee and this represents an interesting portion of their income. Because most private banks operate in free marking economies, they establish their own fees and regulations in the exchange market that is very volatile due to different conditions such as the oil prices or the stock market exchange, the stability of the dollar, the Euro, or the Yen.


Related Questions

steam engines were first used to power:

Answers

The steam engine was developed over a period of about a hundred years by three British inventors. The first crude steam powered machine was built by Thomas Savery, of England, in 1698. Savery built his machine to help pump water out of coal mines.


How Does Environment
Impact CultUre?

Answers

Culture is greatly affected by environment. ... Climate is a huge factor in different cultures. If a group of people live in a cold place, they will most likely wear thicker clothes, opposed to the thin clothes worn by people in warmer places.

describe how the Ottomans empire lost and gained power?

Answers

Answer:

Sultan Mehmed renamed the city Istanbul and made it the new capital of the Ottoman Empire. This loss added to their already waning status. Over the next hundred years, the empire began to lose key regions of land.

Explanation:

In 1453, Mehmed II the Conqueror led the Ottoman Turks in seizing the ancient city of Constantinople, the Byzantine Empire's capital. This put an end to 1,000-year reign of the Byzantine Empire. Sultan Mehmed renamed the city Istanbul and made it the new capital of the Ottoman Empire. In 1683, the Ottoman Turks were defeated at the Battle of Vienna. This loss added to their already waning status. Over the next hundred years, the empire began to lose key regions of land. After a revolt, Greece won their independence from the Ottoman Empire in 1830.

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Which of the following organizations was directly working for Richard Nixon in 1972? A. Committee to Re-Elect the President B. House of Representatives C. Central Intelligence Agency D. The U.S. Senate​

Answers

Answer:

A, a committee to Re- Elect the president

Answer:

C. Central Intelligence Agency

Read the following description and answer the question below.

After the U.S. Constitution was written, there was intense debate over whether it should be approved. During this time two groups formed around this debate. In 1788, a poster was hung up in New York City, which read "Ratification is a Vote for the Future."

Which group most likely hung this poster?

A. Anti-Federalists
B. Democrats
C. Federalists
D.
Republicans

Answers

Answer:

C.Federalist

Explanation:there the only one who supported the ratification of the U.S Constitution. Thats how they came up with this poster

Why did British soldiers march into Lexington and
Concord?

Answers

Answer:

Tensions had been building for many years between residents of the 13 American colonies and the British authorities, particularly in Massachusetts. On the night of April 18, 1775, hundreds of British troops marched from Boston to nearby Concord in order to seize an arms cache.

Hope this helps :) <3

Answer:

C

Explanation:

right on edge2021


According to Israelite traditions, what is the origin of the Israelites?

Answers

Answer:

According to the religious narrative of the Hebrew Bible, the Israelites' origin is traced back to the biblical patriarchs and matriarchs Abraham and his wife Sarah, through their son Isaac and his wife Rebecca, and their son Jacob (who was later called Israel, whence they derive their name) with his wives Leah and ...

Explanation:

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23. How can the Constitution be amended? (10 points)

Answers

Answer:

The Constitution provides that an amendment may be proposed either by the Congress with a two-thirds majority vote in both the House of Representatives and the Senate or by a constitutional convention called for by two-thirds of the State legislatures.

Explanation:

The Constitutional Amendment Process, per The National Archives

The Constitution can be amended either by any of this ways;

Amendment can be done by joint resolution passed by a two-thirds vote.

Amendment can be done by convention.

Constitutional amendment can be regarded as modification of the constitution of a polity as well as organization or other type of entity.

The amendment to constitution can take place, if there passage of resolution by two-thirds vote in the house.

Amendment can take place, through convention, this would be a response to applications that must have been sent from two-thirds of the state legislatures.

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What was the main reason that the American Colonies rebelled and fought for their independence?

Answers

Answer:

The main reason the colonies started rebelling against 'mother England' was the taxation issue. The colonies debated England's legal power to tax them and, furthermore, did not wish to be taxed without representation. This was one of the main causes of the Revolutionary War.

Answer:

The American colonies rebelled because they were getting taxed without representation. The king would tax the colonists without their permission.

Explanation:

Which answer choice correctly describes how the US Constitution fixed a problem or problems of the Articles of Confederation?
A
Under the Constitution, the people could directly elect their representatives in the US Senate.

B
Under the Constitution, the state governments were granted more control over immigration and trade.

C
Under the Constitution, the federal government had the power to enforce laws but was checked by Congress and the court system.

D
Under the Constitution, political candidates must be a member of a political party so that they represent the interests of the people.

Answers

Answer:

The correct answer is C.

Explanation:

The US Constitution did not originally allow for direct election of senators, it wasn't until the 17th amendment which gave citizens the right to directly elect their senators.

One of the main points of creating the Constitution rather than using the Articles of Confederation was that the federal government was too weak; they could not effectively declare war, levy taxes, or create a military.

The Constitution does not reference any political parties because the founding fathers originally intended for politics to be bipartisan. George Washington in his farewell address, actually discouraged the creation of political parties.

This leaves us with the answer choice of C. The Constitution gives Congress the power to create laws, levy taxes, and declare war, checked and balanced by the executive branch who approves and enforces the laws, and the judicial branch who interprets the laws.

Answer:

c

Explanation:

Question 9 of 10
Which situation is the best example of monopolistic competition?
A. Two companies own every high-speed Internet provider in a
country.
B. Several computer companies sell laptops with unique features.
C. Two gas stations operate on the same busy intersection.
O D. One company controls every steel mill in a country.

Answers

Several computer companies sell laptops with unique features.

What is a monopolistic competition?

Monopolistic competition characterizes an enterprise wherein many corporations offer products or services which are comparable (however not perfect) substitutes. Limitations to entry and exit in a monopolistic competitive industry are low, and the selections of any person company do not without delay affect the ones of its competitors.

What are the examples of monopolistic competition?

Restaurants Hairdressers. Clothing. TV programmes

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Which number on the map represents the Yangtze River?

Answers

Answer:

Number 4

Explanation:

Yangtze River is represented by number four in the given map.

What is Map?

A map is a depiction of the position of a street, place, road, country, nation, or other entity. It is the geographical representation of certain natural or artificial features on the Earth's surface on a blank sheet of paper with a predefined scale.

There are several sorts of maps, one of which is the physical map, which depicts natural landscape characteristics such as mountains, plateaus and plains, islands, deserts, seas and oceans, rivers and lakes, and so on.

One of the longest river of Asia is named as Yangtze River which flows within one country that is China. It begins at Jari Hill in the Tanggula Mountains and runs 6,300 kilometers east to the East China Sea. It is the world's third-longest river.

Therefore, it can be concluded that  number four represents the Yangtze River.

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Who decides to help the Continental Army after the battle of saratoga

Answers

Answer:

Colonel Thaddeus Kosciusko

Explanation:

why would conducting trade by both Caravans and ships be lucrative the Islamic world?

Answers

Answer:

Because then they could trade with countries that are both far away and close together.

Explanation:

Which effect of the civil rights movement had the greatest impact on the largest number of Americans?

A) the integration of Little Rock Central High School

B) the Supreme Court decision in Brown vs. the Board of Education

C) the passage of the Civil Rights Act of 1964

D) the decision to have Marian Anderson perform at the Lincoln Memorial

Answers

Answer:

the passage of the Civil Rights Act of 1964

Answer:

It's c

Explanation:

8. How does periodization help us to study history?

Answers

Answer:

Periodization is the process of categorizing the past into discrete, quantified, named blocks of time in order to facilitate the study and analysis of history. This results in descriptive abstractions that provide convenient terms for periods of time with relatively stable characteristics.

Explanation:

How did the Five Tribes profit most from mining activities in Indian Territory?
A. by purchasing minerals from mines
B. by requiring permits for workers
C. by raising taxes on tribal members who mined
D. by selling land to miners

Answers

Answer:

by sellinh land to miners

Answer:

B.

Explanation:

i watched a video on edg

The Americans are named after

Answers

Answer:

Christopher Columbus but it is a lie the Americas were here way before he got here. Gotta learn this stuff :)

Explanation:

Answer:

C. AMERIGO VESPUCCI.I HOPE YOU HAD IT RIGHT.

In today's world, where can a nation legally test nuclear weapons? A. Above ground B. Below ground C. Under Water D. None of the above​

Answers

Answer:

C, under water

4. Why is the slave trade between the 1500
and 1800s called the "Transatlantic Slave
Trade"?

Answers

Because the transatlantic slave trade happened in the middle of a transition
Because the slave trade was carried across the Atlantic Ocean to the americas

What two villages outside of Boston were the scene of the first battles between the British and the colonists? Name the victors from each battle.

Answers

Answer:

Lexington and Concord were the two villages outside of Boston that were the scene of the first battles between the British and the colonists.

Explanation:

Lexington and Concord

The Battles of Concord and Lexington indicated the commencement of the American Revolutionary War in 1775. The British troops set out from Boston to seize revolutionary chiefs John Hancock and Samuel Adams in Lexington as well as to destroy the American's stocks of armaments and ammo in Concord. The Battles of Concord and Lexington were important actions in the proceedings leading to the Revolutionary War.

Why was Paul Revere important and why was he important to the Colonists?

Answers

Answer:

He is best known for his midnight ride to alert the colonial militia in April 1775 to the approach of British forces before the battles of Lexington and Concord, as dramatized in Henry Wadsworth Longfellow's poem, "Paul Revere's Ride" Following the war, Revere returned to his silversmith trade.

Answer:Folk hero Paul Revere was a silversmith and ardent colonialist. He took part in the Boston Tea Party and was principal rider for Boston's Committee of Safety. In that role, he devised a system of lanterns to warn the minutemen of a British invasion, setting up his famous ride on April 18, 1775.

Explanation:

1. Explain the events of Bacon’s Rebellion and why it was important?

2. What were the effects of growing tobacco on the Jamestown colony?

3. Why was the Jamestown colony started?

4. What events in England occurred making the Puritans form a colony??

5. Where was the Plymouth located??

6. List some of the issues the settlers of Jamestown and Plymouth face??

7. How did Indians react to the colonists?

8. What were the Salem Witch trials??

9. What is a charter?

10. Explain the differences between the views of the colonist and the Indians.

11. Explain the French and Indian War.

12. Discuss the characteristics of the 3 regions of colonies. The New England, Middle & Southern Colonies

13. What is the Currency Act?

14. What are the Sons Of Liberty?

15. What is the Boston Massacre?

16. What is the Tea Act?

17. What is the Boston Tea Party??

18. What is the Coercive Act??

19. What is the Townshed Act??

20. What is the 1st Continental Congress??

21. Why did the King Of England begin taxing the colonist?

22. What was the reaction by the colonist to many of acts imposed on them?

23. What does “taxation without representation” mean?

24. Who was Thomas Paine??

25: Describe the Battle of Lexington and Concord??

(THIS IS DUE BY 10:30 PM TONIGHT) (I NEED THESE IMMEDIATELY & ASAP) (I AM NOT PLAYING)

Answers

Answer: go to quizlet you mayy find your answers there

Explanation:


“History is a guide to navigation in perilous times. History is
who we
are and why we are the way we are.”
~David C. McCullough

What does it mean?


Answers

That if you don’t pay attention to history is bound to repeat itself

Block-based programs can have syntax errors.
A. True
B. False

Answers

Answer:

A

Explanation:

It's like scratch. There can be internal errors.

Answer:false

It is common in text based languages

But do not exist in block based languages

ILL GIVE BRAINLEST TO WHOEVER ANSWERS FIRST AND CORRECT

According to O*NET, what are other common skills Geographers need? Check all that apply.


reading and writing

listening and speaking

critical thinking

operation and control

science

technology design

equipment selection

Answers

Answer:

critical thinking and reading and writing

Explanation:

Answer:

A B C E

Explanation:

PLEASE ANSWER CORRECTLY!!! HURRY!!
ANSWER ME!!! PLEASE!!! +8 points

Write a paragraph describing the relationship between Christ and His church. To help you in your response, consider what Christ did for His church during His years on Earth, what He does for His church today, and what He will do for it in the future.

Answers

Answer:

1. Oversee the funding of public education 2. Make sure laws pertaining to education are followed 3. Provide education-related information to Georgia citizens

Explanation:

When Jesus established His Church, He received instructions from Heavenly Father. He then instructed His disciples. Jesus taught His followers that revelation from God was the rock on which He would build His Church

At the end of His life, Jesus Christ suffered and died for the sins of everyone who has lived or who will live on earth.

Jesus is now directing the worldwide preaching work of his true followers. They visit people to show them what the Bible says about God’s Kingdom. Jesus said he would continue to support the work of his disciples until God’s Kingdom brings human governments to an end.

(1 Corinthians 15:25, 26

. John 5:26-29 )

Oversee the funding of public education ,Make sure laws pertaining to and education are followed and Provide education-related information to Georgia citizens.

What happened when Jesus established Church?

At the point when Jesus laid out His Church, He got directions from Grand Dad. He then, at that point, educated His devotees.

Jesus showed His supporters that divine revelation was the stone on which He would fabricate His Church Toward the finish of His life, Jesus Christ languished and passed on over the transgressions of every individual who has lived or who will live on the planet.

Jesus is presently coordinating the overall teaching work of his actual devotees. They visit individuals to show them what the Good book says regarding God's Realm. Jesus said he would keep on supporting crafted by his pupils until God's Realm finishes human states.

Therefore Jesus' name in Hebrew was "Yeshua" which means English as Joshua.

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How long did the first dynasty in Europe last?

Answers

It lasted between 26 and 34 years

One technological advancement was rudders, which were used by farmers to break up the soil.
A.true
B.false

Answers

Answer:

a

Explanation:

True!!!!!! Yes it is

Match each American colony to its founder.
William Penn
Roger Williams
George Calvert
John Winthrop
Rhode Island
arrowRight
Connecticut
arrowRight
Pennsylvania
arrowRight
Maryland
arrowRight

Answers

Answer:

William Penn> Pennsylvania

Roger Williams> Rhode island

John Winthrop>Connecticut

George Calvert> Maryland

The correct order is-

William Penn - Pennsylvania

Roger Williams - Rhode island

John Winthrop - Connecticut

George Calvert-  Maryland

Who was Roger Williams?

Theologian, author, and American Puritan pastor Roger Williams was born in England. He founded Providence Plantations, which eventually developed into the Rhode Island Colony and Providence Plantations before becoming the State of Rhode Island in the United States.

He was a fervent supporter of religious liberty, the wall between church and state, and decent treatment of Native Americans.

Williams, who had been driven out of the Massachusetts Bay Colony by the Puritan leaders, founded Providence Plantations in 1636 as a haven that provided what he called "free of conscience."

He established Providence's First Baptist Church in 1638. Williams wrote the first English-language book-length study of a native North American language while researching the indigenous languages of New England.

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