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QUESTION 5 Based on the preceding hedged transaction, did the interest rate parity hold? Yes, a gain is realized on the hedging transaction No, a

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QUESTION 5 Based on the preceding hedged transaction, did the interest rate parity hold? Yes, a gain is realized on the hedging transaction No, a gain is realized on the hedging transaction No, a loss is realized on the hedging transaction Yes, a loss is realized on the hedging transaction QUESTION 11 When the euro currency was launched on January 1, 1999, it was priced at $1.18. As of the current time, the euro hasin value compared to its initial value. At the same time, the U.S. current account balance has generally over the past 30 years. increased; improved Odecreased; improved O decreased; worsened increased; stayed the unchanged QUESTION 13 O Rise; importer, fall; importers O Rise; exporters; fall; importers None of the above

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