Hi,

Could you please help me answer the 4 questions below? I need the correct answer, and if possible, a brief explanation. Thanks very much :)

Question 20 If international exchange rate statistics show that the real effective exchange rate index for country A vs country B increased from 90 last year to 98 currently and is expected to rise still further in the coming year, then, other things being equal, country A_ country B think this is good news and country A country B think this is bad news. Select one: A. importers to; exporters from O B. importers from; exporters to O C. exporters from; importers to O D. exporters to; importers from Question 21 Assume the current U.S. dollar-Euro spot rate is 0.8200Eur/$. If the current nominal one-year interest rate in the U.S. is 0.5% and the comparable rate in Germany is 0.1%, what is the approximate forward exchange rate for 360 days? Select one: A. 0.8208Eur/$ O B. 0.8241 Eur/$ O C. 0.8232Eur/$ D. 0.8167Eur/$Question 23 Which of the following is a current account rather than a capital account activity? Select one: A. Net portfolio investment. B. Net import/export of services. C. None of them. All of the above are activities of a capital account. D. Net borrowings/lendings from/to abroad. Question 24 The foreign exchange market offers: Select one: A. all of the above. B. the physical location where transactions are completed with the transfer of gold from one party to the other. C. the place where governments can borrow money. D. the physical and institutional structure through which the money of one country is exchanged for another