7.Which of the factors below are limitations on comparative advantage?

A.Limitations on the flow capital and technology

B.Bilateral free trade agreements between countries

C.Limitations on access to factors of production

D.Countries do not specialise only in those products that could be most efficiently produced by that country's particular factors of production and government interference

8.What is the risk that a counterparty to a foreign exchange trade fails after it has received payment but BEFORE it pays its leg of a transaction known as?

A.Bad luck

B.Herstatt risk

C.Bankruptcy risk

D.No risk at all under payment versus payment

9.What is the 120 day forward rate for the AUD/USD exchange rate when the AUD/USD spot is 0.6028, the 120-day Australian deposit rate is 1.25%pa, the 120-day Eurodollar deposit rate is 0.85%pa, and the day-count convention in Australia is 365 and in the US it is 360?

A.F (AUD/USD) = 0.6021

B.F (AUD/USD) =0.6020

C.F (AUD/USD) = 0.6036

D.F (AUD/USD) = 0.6019