What determines the value of the Sucre (Ecuador's pre-dollarization currency))?
-
Correct me if I am wrong. Long after Ecuador left the gold standard the value of the Sucre was determined by the amount of dollars that the Baco Central de Ecuador (Central Bank of Ecuador) held. All else constant were Ecuador to print more currency without an increase in their holdings of dollars the Sucre would be devaluated in that there are now more pieces of paper to the set quantity of dollars. Also if the quantity of currency stayed constant but the reserves of dollars were decreased the currency would be devaluated in that there is a larger amount of currency that there would be of dollars to back it up? Am I right?
-
Answer:
i'm sure your right... if you have a men's health issue we might help you with that here too ;-)
rnksanch... at Yahoo! Answers Visit the source
Related Q & A:
- What is the value of a higher education?Best solution by Yahoo! Answers
- What is a good way to learn about the pre-election if you're new in politics?Best solution by Yahoo! Answers
- What is the value of R, the gas constant?Best solution by chemistry.about.com
- What is the value of the activation energy?Best solution by Yahoo! Answers
- What determines how clear a camcorder is?Best solution by Yahoo! Answers
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.