QUESTION 5 The current international monetary system requires all countries to fix their exchange rates in terms of the U.S. dollar TRUE FALSE QUESTION 6 If a U.S. firm sells property in Japan, and the USD appreciates before it converts yen into USD, the U.S. firm will suffer an opportunity loss upon converting yen into USD. O TRUE FALSE QUESTION 7 Assume that the dollar is quoted at 105 yen per dollar, and that Japan's central bank prefers an exchange rate of 120 yen per dollar. In order to achieve its objective the Bank of Japan will buy dollars in the FX market. O TRUE FALSE QUESTION 8 Targeting the exchange rate at 120 yen per dollar, as in the previous question, may be designed to stimulate imports TRUE FALSE