D 02 over valued as currency compare to bs currency

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meaning when you convert 1 USD to their currency, you will be getting too much. (d) 0.2; Over-valued. A's currency compare to B's currency is over-valued by 20%, meaning when you convert 1of their currency to USD, you will be getting too little. 3. (a) Average annual growth rate of China's real GDP per capita over the period 1960- 1996 is g=4%.
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(b) China's per capita income in 50 years is 42,235 . (c) The growth rate of China's real GDP is 7.96% . (d) China's per capita income in 50 years is 278,736. 4. (a) Lesotho is a democratic, sovereign and independent country with the unique characteristic of being totally surrounded by its neighbor, the Republic of South Africa. The formerly Basutoland was renamed the Kingdom of Lesotho upon independence from the UK in 1966. In 1993 after 23 years of military rule, a new constitution was implemented leaving the King without any executive authority and proscribing him from engaging in political affairs. In 1998, violent protests and a military mutiny following a contentious election prompted a brief but bloody South African military intervention. Constitutional reforms have since restored political stability; peaceful parliamentary elections were held in 2002. However Lesotho is one of three remaining monarchies in Africa.
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