During the 1997 Asian currency crisis, the majority of Asian currencies were collapsing with the exception of Hong Kong. How was Hong Kong able to maintain the value of its currency against the U.S. dollar?

Answers

Answer 1
19 years is the answer
Answer 2

During the 1997 Asian currency crisis, Hong Kong able to maintain the value of its currency against the U.S. dollar because it implemented a free- float exchange system.

What is 1997 Asian currency crisis?

The Asian financial crisis, which began in July 1997 and affected most of East Asia and Southeast Asia, sparked concerns about the possibility of a global economic collapse brought on by financial contagion.

Thailand's financial crisis began in July 1997 as a result of a sharp decline in the value of the Thai baht. Then it moved across Southeast and East Asia. The financial crisis caused the value of many Southeast Asian countries' currencies, stock markets, and other assets to plummet.

Following the Asian financial crisis, Hong Kong's economy experienced high deflation after experiencing strong inflation in the early 1990s. Rents, earnings, and the costs of goods and real estate have all decreased over the last five years.

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Related Questions

What information does the map show?

Answers

Answer:

Maps present information about the world in a simple, visual way. They teach about the world by showing sizes and shapes of countries, locations of features, and distances between places. Maps can show distributions of things over Earth, such as settlement patterns.

Explanation:

Can someone please help me? :(

Answers

i believe it is region d

How did Constantine and Paul the Apostle contribute to the growth of Christianity?

Answers

Answer: Constantine was a Roman emperor/Christian convert who legalized Christianity in 313 a.d. with the Edict of Milan. Paul the Apostle wrote 13 books in the New Testament, traveled the world, and kept Christians in line with the beliefs in other nations/cities.

Explanation:

No explanation.

What museums have Pablo Picasso's most famous paintings?.

Answers

Answer:

The Museum of Modern Art, New York

Reina Sofia, Madrid

Hermitage Museum, St. Petersburg, Russia

The Musée Picasso, Paris

The Art Institute of Chicago

The Metropolitan Museum, New York

The Centre Pompidou, Paris

Museu Picasso, Barcelona

The Tate Modern, London

The National Gallery, Washington, DC

Museo Picasso, Malaga

Pushkin Museum, Moscow

The Albrecht-Kemper Museum of Art, Saint Joseph, Missouri

Cleveland Museum of Art, Ohio


What is the name of the piece abo

Answers

This piece above looks like an old water fountain in which is also known as a nasone

Where was the final battle of the american revolutionary war?.

Answers

Answer:

Yorktown

Explanation:

The final battle in the American Revolution was the Siege of Yorktown

List two things that you think are very important about the japan war.

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Most people don't think about it except to say it was bad. The lack of patriotic passion in Japanese textbook treatment of the war should not surprise us. Japan, after all, lost the war. That limits opportunities to spin triumphalist war stories. What is striking about Japanese public memory of the war is the lack of consensus about its meaning.

Which detail from the text reveals the Igbo's dedication to the rules of the gods?


O "As the elders said, if one finger brought oil it soiled the others" (125).


"Violent deaths were frequent, but nothing like this had ever happened" (124).


"It was a warrior's funeral, and from morning till night warriors came and went in their age groups" (121).


O "The Earth had decreed that they were an offense on the land and must be destroyed" (125).

Answers

The detail from the text that reveals the Igbo's dedication to the rules of the gods is D. "The Earth had decreed that they were an offense on the land and must be destroyed."

Where is the Igbo's dedication to the rules of the gods displayed?

In Achebe's "Things Fall Apart," the reader learns that the Igbos were dedicated to following the rules of the gods.

No wonder Okonkwo and his fellow clan members understood that they must always appease the gods.

Thus, the detail in "Things Fall Apart" that shows that the Igbos were dedicated to the rules of the gods is Option D.

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which featcher in texas of cattleranching did not oringnate in spian

a herding on hores back
b the cattle drive
c use of spurs
d branding

Answers

B the cattle drive is the answer

Answer:

Answer:

B the cattle drive

Explanation:

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Select the correct answer from each drop-down menu.
Which president's response to the Iranian Crisis was considered a failure, and why?
The response of President
to the Iranian hostage crisis was considered a failure because?

Answers

The president's response to the Iranian Crisis which was considered a failure, and why was President Jimmy Carter and this was because he could not diplomatically end the crisis.

What is the Iranian Hostage Crisis?

This refers to a period in history when radicalized students in Iran on November 4, 1979, held about 52 United States diplomats and citizens int the Embassy.

With this in mind, we can see that President Jimmy Carter was in power during the period of this crisis and failed to resolve the crisis diplomatically as they stayed in custody for a long time.

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Answer:

Carter

he was unable to secure the hostages’ release during his time in office

Explanation:

7) Suppose that Katie and Kelly each expect to receive $500 worth of marginal benefits
from a proposed new recreation center, whereas Kerry expects to receive only $100 worth. If the
proposed tax levied on each for the center would be $450, a majority vote will
A) defeat this project and resources will be underallocated to it.
B) pass this project and resources will be efficiently allocated to it.
C) pass this project.
D) defeat this project.

Answers

The answer is b I now this

Suppose that Katie and Kelly each expect to receive $500 worth of marginal benefits from a proposed new recreation center, whereas Kerry expects to receive only $100 worth. If the proposed tax levied on each for the center would be $450, a majority vote will pass this project and resources will be efficiently allocated to it. Therefore, the option B holds true.

What is the significance of a marginal benefits?

A marginal benefit can be referred to or considered as the benefit received by undertaking one additional unit of task or activity that derives profits for the firm over and above the actual profit before undertaking additional task.

In case there is a majority vote with respect to the multiple marginal benefits, the activity gets passed because of the efficient allocation of resources being made available.

Therefore, the option B holds true and states regarding the significance of marginal benefits.

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Did you learn something that you didn’t know about the Black Lives Matter movement? If so, what was it?

Answers

Carter G. Woodson Founded Black History Month. Graduated from Berea. Second African American to receive a doctor from Harvard.

Explain the term aggression as it is used in this historical context

Answers

an act or policy of expansion carried out by one state at the expense of another by means of an unprovoked military attack

The United States entered the Spanish-American War following the explosion of which ship in Havana Harbor in 1898?
A. USS Monitor
B. USS North Carolina
C. USS Arizona
D.USS Maine

Answers

Answer:

D.) USS Maine

Explanation:

The USS Maine sank in Havana Harbor on February 15, 1898, which ended up sparking the Spanish-American War in April of that year. I hope this helps! ^-^

Answer : D. USS Marine

On April 25, 1898 the United States declared war on Spain following the sinking of the Battleship Maine in Havana harbor on February 15, 1898.

What effect did entrepreneurs have on the industrial revolution.

Answers

Answer:

They invested in new inventions and caused breakthroughs in the industrial revolution

Explanation:

Since entrepreneurs were usually rich businessmen, they used their money to invest in new inventions. These new inventions created breakthroughs in the industrial revolution, causing the entrepreneurs to get richer, and invest in other new inventions.

What were the primary causes of the French Revolution? Choose four answers.

lack of representation for the lower classes
the establishment of a state religion
oppressive leadership
high taxes on the lower class
high rates of poverty

Answers

All except the establishment of a state religion

Answer:

lack of representation for the lower classes

oppressive leadership

high taxes on the lower class

high rates of poverty

Explanation:

edge

Why might a cowboy not want to re-up for a cattle drive?

Answers

Answer:

He might want to move to New York and become a city boy

Who was the leader of the soviet union at the end of wwii?.

Answers

Answer:

Joseph Stalin was the leader

Explanation:

mark me brainliest

1. How many U.S. troops are in Vietnam by January 1966? ​

Answers

Answer:

1,000,000

Explanation:

By the end of 1966, American forces in Vietnam reach 385,000 men, plus an additional 60,000 sailors stationed offshore.

#2. The Golden Age of China happened during the __________________. Answer 2:

Answers

Answer:

Tang Dynasty

Explanation:

Answer to this question is Dang Dynasty

What is the purpose of checks and balances? How does this system protect the citizens of the United States?

Answers

Answer:

Managing the branches of government

The system of checks and balances is an important part of the Constitution. With checks and balances, each of the three branches of government can limit the powers of the others. This way, no one branch becomes too powerful

What president hosted his daughter’s prom at the white house?.

Answers

In 1975 Susan Ford, daughter of President Gerald Ford, was in her final year of classes at Holton-Arms School. At the suggestion of her classmates, she petitioned White House Chief Usher Rex Scouten that they be permitted to hold that year's senior class prom at the White House.

which european nation established the slave trade between africa and europe

Answers

Answer:

Portugal

Explanation:

In the 15 and 16th centuries, slaves became the major commodity for European trade. The Portuguese began the slave trade around 1510. The Dutch took over all Portuguese possessions along the African coast in 1642.

(PLEASE HELP GIVING BRAINLIST I NEED TO PASS!)How did industrialization lead to the creation of larger and more powerful militaries?
O Industrialization increased alliances among European nations.
Industrialization meant that countries could produce more weapons.
O Industrialization increased the need to protect a country's borders.
O Industrialization meant that countries no longer supported diplomacy.

Answers

Answer:

B

Explanation:

Industrialization meant that countries could produce more weapons.

Help asap!!!

What was the fate of Charles I in 1649?
A. Charles I was found guilty of treason and beheaded.
B. Charles I was named King of England by Parliament.
C. Charles I named himself Lord Protector of England.
D. Charles I re-established the Church of England and named himself
its head.

Answers

Answer:

A

Explanation:

Guilty of Treason.

Answer:

The answer is A. He was executed

What did the Alhambra Decree require?

All Muslims in Spain had to convert to Judaism or pay higher taxes.

All Christians in Spain had to convert to Islam or face execution.

All Jews in Spain had to convert to Christianity or leave the country.

All Catholics in Spain had to convert to Protestantism or face excommunication.

Answers

Answer:

All Jews in Spain had to convert to Christianity or leave the country.

Answer:

The correct answer is C. All jews in Spain had to convert to Christianity or leave the country

Explanation:

o become a legal U.S. citizen, the United States has

Answers

Answer:

Down below

Explanation:

The United States would have to do a background check on you and then they would have to look over your results from the immigration test.  If you pass both things, then you're free to go.

This is an oversimplified explanation.

Why was the Gemini program valuable to future space programs? The Gemini program put the first person on the moon. The Gemini program proved that space travel was dangerous. Gemini scientists realized that it was possible to send a person into space. Gemini astronauts worked to perfect methods of re-entry and landing.

Answers

Gemini program is valuable to future space programs because Gemini astronauts worked to perfect methods of re-entry and landing.

What is the purpose of the Gemini program?

The Gemini program began out in 1961 and led to 1966. It turned into NASA's 2d spaceflight application. It turned into performed among Mercury and Apollo.

The main objective of the Gemini program is to test the ability of an astronaut who can fly a long-duration mission, to perfect re-entry and landing methods.

Therefore the correct option is D.

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Answer:

D: Gemini astronauts worked to perfect methods of re-entry and landing.

Explanation:

got it right on edge!

Was the Magna Carta or the Concordat of Worms more important?

Answers

Answer:

The Concordat of Worms brought an end to the first phase of the power struggle between the papacy and the Holy Roman emperors, and has been interpreted as containing within itself the germ of nation-based sovereignty that would one day be confirmed in the Treaty of Westphalia (1648).

how is george washington

Answers

well he’s dead so you would have to ask him
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