Question 11 0.5 pts Ch3Ex4a The price of a Starbucks coffee in the U.S. is $3.5; in Mexico is 55 pesos. The implied PPP exchange rate is O 0.06$/peso O 0.06Peso/$ O It cannot be calculated with data provided O 15.71$/Peso 0.5 pts Question 12 Ch3-ExReg7.a Pressures in the foreign exchange market cause the Venezuelan currency to depreciate with respect to the U.S. dollar. To maintain the fixed exchange rate value with respect to the dollar, the central bank decides to Question 12 0.5 pts Ch3-ExReg7a Pressures in the foreign exchange market cause the Venezuelan currency to depreciate with respect to the U.S. dollar. To maintain the fixed exchange rate value with respect to the dollar, the central bank decides to intervene in the exchange rate market with the following action(s) Do nothing as a fixed exchange value does not change Sell dollars O Sell domestic currency O None of these answers 0.5 pts Question 13 Ch4-Q1.aa Select all that are true: The Import Substitution Industrialization (ISI) was Question 13 0.5 pts Ch4-Q1.aa Select all that are true: The Import Substitution Industrialization (ISI) was 1. Successful and still in practice in most of the LA countries now a days II. Successful after the hyperinflation period was over III. Unsustainable over time, producing high economic and social costs: debt crisis, hyperinflation O III O II, III O I, II, III 0.5 pts Question 14 Ch.11 Question 14 0.5 pts Ch4-Q1.1 . Some of the unintended results from the import substitution period (ISI) are 1. Hyper-Inflation II. Adoption of fixed exchange rate regime III. GDP grow rates above 7% O I, II, III O O II, III O HII 0.5 pts Question 15 Q1-Debt.d. 1 Select all that are true: Question 15 0.5 pts Q1-Debt.d. 1 Select all that are true: Some of the internal factors contributing to the accumulation of debt in LA countries are 1. Inexistent/unrealistic tax systems - II. High levels of corruption HII. Favorable international environment - easy available loans IV. Fixed exchange rate regimes drying out international reserves O I, II, IV O II, III O II, III, IV 0.5 pts Question 16 99-16T A U.S. resident decreasing his/her holdings of a foreign financial asset causes a