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/$estion 27 The current U.S. dollar-Swiss franc spot rate is 1.1100$/CHF. If the 360-day forward exchange rate is 1.1244$/CHF then the CHF is selling at a per annum of Select one: A. premium; 1.30% B. premium; 1.28% C. discount; 1.83% D. discount; 1.28% Question 28 The important thing to remember about foreign exchange rate determination is that a bank dealer always: Select one: A. buys high; sells low. B. buys low; sells high. C. trades only with other commercial banks. D. trades only with central banks. which is bought and