Ocean Currents Influence All of the Following Conditions Except

question 125

Multiple Choice

Ocean currents influence all of the following conditions except

• A) ocean upwelling.
• B) the mild climate of northern Europe.
• C) the forming of trade winds from west to east.
• D) transport of warm water across the Atlantic.
• E) cool, wet winters in some western coastal regions of the United States.

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Definitions:

Interest Rate

The percentage of a loan charged to the borrower as interest, usually represented as an annual percentage rate of the remaining loan balance.

Market For Foreign-Currency Exchange

A marketplace where participants can trade currencies from different countries, essentially a repeated framework for the process in

Real Exchange Rate

The price of one country's currency in terms of another currency, adjusted for inflation, which reflects the purchasing power between the two countries.

Surplus

The situation in which the quantity of a good or service supplied is more than the quantity demanded.