Archive for the ‘Economics’ Category

singingsiva84 asked: like what is the currency exchange rate the US dollar or the EU euroBOBBY

The Duke asked: Why is it that the areas or world with the most natural food and mineral resources (i.e. tropical countries) tend to be the poorest? Why aren’t currency exchange rates all the same? What is so special about the G8 countries or economies?GREGORY

Fady Y. S. asked: How can the currency exchange rates be calculated? and on which parameters does it depend?
For example, Kwaiti Dinar has the highest currency value (1 Kuwaiti Dinar = 3.79176 U.S. Dollars), does that mean Kwait’s economy is stronger than the U.S.? or the exchange rates are measured upon factors other than economy?!KIM