If a central bank makes an unsterilized purchase of foreign currency reserve assets, its floating exchange rate ______________

If a country has a current account surplus, will it have capital inflows or outflows? ____________

If a country with a fixed exchange rate has a balance of payments deficit, would it buy or sell reserve assets to maintain the par value of its exchange rate? ___ ____________________

If a county with a fixed exchange rate is expected to devalue its exchange rate, what market pressure might force devaluation? ________ ___________