The Figure Given Below Depicts the Foreign Exchange Market for British

question 2

True/False

The figure given below depicts the foreign exchange market for British pounds traded for U.S. dollars.Figure 22.2

-Suppose the yen value of a $100,000 wheat import contract rises from ¥12,000,000 to ¥13,000,000 between the contract and the payment date. This implies that the yen value of 1 dollar has declined so that, other things equal, we can expect an increase in Japanese demand for U.S. goods.

Distinguish between photoautotrophs and photoheterotrophs.

Identify solvents suitable for extracting photosynthetic pigments and explain their selection.

Differentiate between cyclic and noncyclic electron transport in photosynthesis.

Explain the differences and similarities between photosynthesis and aerobic respiration.

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Definitions:

Comparative Advantage

The ability of a country, individual, company, or region to produce a good or offer a service at a lower opportunity cost than competitors.

Capital

Resources made and used by people to produce and distribute goods and services, including buildings, machinery, tools, and equipment.

Investment

Utilization of resources (such as capital, time, or effort) with the expectation of achieving a future return, often through the acquisition of assets or improvement of productivity.

Inefficiency

The state of not achieving maximum productivity; failing to make the best use of time, resources, or energy.