Why are Foreign Exchange Rates Important?

Foreign Exchanges Rates are important because it can exchange the trading of different national currencies or units of account. It is important because the exchange rate, the price of one currency in terms of another, helps to determine a nation's economic health and hence the well-being of all the people residing in it.

Explanation:

Foreign exchange is the trading of different national currencies or units of account. It is important because the exchange rate, the price of one currency in terms of another, helps to determine a nation's economic health and hence the well-being of all the people residing in it.

east-west schism. the greatest effect of the east-west schism was the creation of two separate churches that had previously been unified under one church, the eastern orthodox church and the roman catholic church.

nativists tried to get rid of the immigrants as they thought they were going to ruin the u.s.