8. Flexible exchange rate would make the __________, and hence the costs and revenue become __________ predictable. This add exchange rate __________ to international trade and overseas investment.(5%)A. None of the options.B. government budget; more; marginC. merchandise price; more; safetyD. production quantity; less; revenueE. merchandise price; less; risk

The clearing house is the __________ of every futures contract and takes the __________ side of the transaction. As a result, credit risk, default risk and counter party risk in futures trading will be __________.(5%)

A. counterparty; opposite; maximized

B. broker; same; minimized

C. counterparty; opposite; minimized

D. participant; same; minimized

E. None of the options.