(11) In the balance of payments, the statistical discrepancy is used to: a. show how a balance-of-payments deficit is funded. b. obtain an accurate account of a balance-of-payments surplus. c. ensure that the sum of all debits matches the sum of all credits. d. ensure that the value of imports equals the value of exports. (12) Company X is a perfume manufacturer and one of its popular products involves rosewood. It is deeply concerned with the market price fluctuations of rosewood. To protect this, it enters into a contract which would allow the company to buy rosewood at a specific price at a given future date. This is an example of: a. hedging. b. speculation. c. investment. d. profit maximization