Tutor profile: Thales M.
How do you say "happy birthday" in Spanish?
We say "Feliz Cumpleaños"
What is the meaning of the word embora?
It depends on the context: it may be understood as "although", as in: "Although I hadn't studied for this test, I passed it anyway." In Portuguese, this would become: "Embora eu não tenha estudado para a prova, eu passei nela de qualquer modo."
What are the consequences of an interest rate rise in the USA for the developing countries in terms of exchange rate, ceteris paribus?
If we consider that all the other variables are not changed, the raise in the interest rate in the USA will cause a devaluation in the exchange rate of the other countries when compared to the US Dollar, because this action will incentivize investors to put their money in the USA, at the expense of the other developing markets.
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