The value of a country's currency is affected by supply and demand.

true

false

The given statement is true.

Explanation:

The foreign exchange market like any other market is affected by the demand and supply forces. As the supply of a commodity increases the value of the currency decreases and if the demand for a currency increases its value decreases.

For example, US imports automobiles from Japan, Japan has to buy it in Yen and sell US dollars. The more US imports the more the US dollars enters the foreign markets.

being born in poverty would limit the people's chances, opportunities and benefits.

this happen because of several things, such as:

- poor people tend to gain less access to good education and nutrition. this mean that their chance to obtain high paying jobs would also be limited.

- poor people tend to socialize with other poor people while the rich tend to socialize with other rich people. this means that simply throguh their social circle, rich people would have more business opportunities compared to the poor people.

- rich people tend to have more capital in their disposal. this would benefit them in business since it is far easier for them to fund their business operation compared to poor people.