Reread the Management Focus "Embraer and the Gyrations of the Brazilian Real," and then answer the followingquestions:a$.$ What does the recent economic history of Brazil tell you about the relationship between price inflation and exchange rates? What other factors might determine exchange rates for the Brazilian real?b$.$ is a decrease in the value of the real against the U$.$S$.$ dollar good for Embraer, bad for Embraer, or a mixed bag? Explain your answer.c$.$ What kind of foreign exchange rate risks is Embraer exposed to$?$ Can Embraer reduce these risks? How?d$.$ Do you think Embraer's decision to try to hedge against further appreciation of the real in the early $2000$s was a good decision? What was the alternative?e$.$ Since $2008,$ Embraer has significantly reduced its dollar hedging operations. Is this wise?f$.$ Between mid$-2014$ and early $2015,$ the real depreciated significantly against the U$.$S$.$