Question 37 2.5 pts If the forward exchange rate were to be a biased predictor of future spot rate then which of the following would take place? O Capital Flight O Arbitrage O Deflation Speculation 0 Inflation D Question 38 2.5 pts A U.S. investment in India represents a foreign factor of production located in India and the income from such investment adds to: 0 GDP of India. GDP and GNP of India GDP of the U.S. O FDI of India O GNP of India