please asap answer the international finance class homework's multiple choice, short answer and essay questions

Section A - Multiple Choice (Choose the one alternative that best completes the statement or answers the question: 2 points each) 1) When a country realizes a deficit on its current account: a. It realizes an excess of imports over exports on goods and services b. It becomes a net supplier of funds to other countries c. It becomes a net demander of funds from other countries d. Its net foreign investment position becomes positive 2) When all of the debit or credit items in the balance of payments are combined: a. The total surplus or deficit equals zero b. Services exports equal services imports c. Merchandise imports equal merchandise exports d. Capital imports equal capital exports 3) Which method of trading currencies involves the conversion of one currency into another at one point in time with an agreement to reconvert it back to the original currency at some point in the future? a. Futures transaction b. Spot transaction c. Forward transaction d. Swap transaction 4) Concerning exchange-rate determination, "market fundamentals" include all of the following except: a. Profitability and riskiness of investments b. Speculative opinion about future exchange rates c. Productivity changes affecting production costs d. Monetary policy and fiscal policy 5) The classical economists assumed a. The velocity of money is constant b. The volume of final output is fixed at the full-employment level in the long-run c. The velocity of money depends on physical, structural, and institutional factors d. All of the above Section B - Short Answer (Write the relevant sentence(s) that best completes each statement or answers the question: 5 points each) 1) What is international investment position of a nation? How different is that from balance of payments statement? 2) What are the short-run and long-run determinants of exchange rates, under the condition of free markets? Section C - Essay (Write your answer in the below space provided: 10 points each) 1) What is foreign exchange market? Please name and explain briefly different type of transactions in the FX market with respect to the components of the balance of payments statement. 2) Compare the "purchasing power parity" and "asset market" approaches to exchange rate determination. Explain how they perform in the short vs. long-run prediction of exchange rate movements