QUESTION 16 Assume the following Germany can produce 375 TVs and 25 ovens, Ethiopia can produce 240 TVs and 6 ovens. Based on these data points, which country has the lower opportunity cost with respect to oven O A Neither country has the lower opportunity cost with respect to ovens 3. Germany c. We don't have enough data to solve the problem OD Ethiopia QUESTION 17 If the Mexican Peso appreciates in values. this sugests that Mexico raised interest rates. It also sugests that Mexico will experience a sinis balance of trade position to more of a surplus postion. True or False? True False QUESTION 18 I read that the Federal Reserve Bank in the US will lower interest rates. What can we expect to occur interest rates decline in the US select the best answer below) O A The Uso will appreciate in value. The U.S.wilexport more compared to what it imports and the Balance of Trade position will that more of a deficit position 1. The USD w depreciate in value. The U.S. will import more compared to what it exports and the Balance of Trade position will shift to more of a surplus position. o The US will depreciate in value. The us.wilerport more compared to what imports and the Balance of Trade position will shift to more of a surplus position D. The USO will appreciate in value The U.S. will export more compared to what it imports and the balance of Trade position will shot to more of a surplus position