QUESTION 10 Managed floating is typically undertaken by a country to O maximize a country's net exports. O attract foreign investors to invest in the country O keep inflation moderate. O prevent sudden large swings in the value of a nation's currency QUESTION 11 Under the simplifying assumptions made in the text, a current account deficit O arises when imports exceed exports. O arises when the purchase of foreign assets by a nation's citizens exceed the purchase of domestic assets by a nation's citizens. O is necessary for a long run economic growth. O arises when a country's exchange rate falls. QUESTION 12 Suppose Jaffe's exports equal $50 billion, its purchases of foreign assets equal $200 billion, and foreign purchase of Jaffe's assets equal $100 billion. What is the value of Jaffe's exports? $100 billion -$100 billion OOO $150 billion $150 billion