17. Belina Spaghetti packs are imported to Lebanon from Turkey. Due to the price and exchange rates changes, Lebanon traders are changing the price of the pack on a day-by-day basis. You are given the below information *

4 points

a. LBP 66,600, LBP 64,000, LBP 60,600.

b. LBP 15,000, LBP 20,400, LBP 25,000.

c. LBP 48,600, LBP 57,600, LBP 66,000.

d. LBP 20,400, LBP 25,000, LBP 48,600.

e. None of the above

18. Lupilu Baby Monitor is manufactured in Germany and sold at a price of EUR 25. The monitor can also be found in Canada and the United Arab Emirates. The exchange rate between the euro and the Emirati Dirham has changed from EUR 0.23/AED to EUR 0.18/AED. We will assume a stable exchange rate between the Canadian dollar and the dirham at CAD 0.34/AED. What is the initial price of the Lupilu monitor in Canada before the change of the exchange rate? *

3 points

a. CAD 37.

b. CAD 20.

c. CAD 320.

d. CAD 300.

e. None of the above.

19. Referring to question 18, what is the price of the Lupilu monitor in Canada after the change of the exchange rate? *

3 points

a. CAD 408.

b. CAD 412.

c. CAD 47.

d. CAD 13.

e. None of the Above

20. The above examined case represents a: *

3 points

a. revaluation of the Canadian dollar against the emirates dirham by 27%.

b. devaluation of the Canadian dollar against the emirates dirham by 27%.

c. revaluation of the Canadian dollar against the emirates dirham by 21%.

d. devaluation of the Canadian dollar against the emirates dirham by 21%.

e. None of the above

21. Use the table below to answer questions 21-25. What is Indias BOP for the years 2020 and 2019 respectively? *

6 points

a. a surplus of 87, a deficit of 57

b. a deficit of 38, a surplus of 99

c. a deficit of 101, a surplus of 38

d. a deficit of 87, a surplus of 101

e. None of the above.

22. What is Indias BOT for the years 2018 knowing that the exports of goods have decreased by 75% from 2018 to 2019 and the imports of goods has decreased by 90%? *

5 points

a. 308

b. 120

c. 188

d. 428

e. None of the above

23. Which of the following is true? *

5 points

a. India has a deficit in its current account for the year 2019.

b. India has a surplus in its BOT for the year 2020.

c. India has a surplus in its current account for the year 2019.

d. both b and c are true.

e. None of the above

24. Knowing that the BOP for the year 2018 is equal to 298, what is the balance of the secondary account? *

5 points

a. 24

b. 74

c. 216

d. 82

e. None of the above

25. As per your answer of question 24, and knowing that the outflow from the secondary account is 19, what is the inflow form the secondary account? *

5 points

a. 101

b. 235

c. 34

d. 93

e. None of the above