The Hong Kong dollar has long been pegged to the US dollar at HK$7.80/$. In July 2005 China considered revaluing the yuan against the U.S.dollar from Yuan 8.28/$ to Yuan8.20/5. What would the new value of the Hong Kong dollar be against the yuan? O 0.9501 O 0.9489 O 0.9524 O 0.9512 This country's current account balance is: Use the following data from the International Monetary Fund to answer the above question. Assumptions (millions of US dollars) Annual Goods: exports Goods: imports Balance on goods 64,052 -68,865 Services: credit Services: debit Balance on services 18,677 -18,388 Income: credit Income: debit Balance on income 8,984 -18,516 Current transfers: credit Current transfers: debit Balance on current transfers 2,622 -2,669 0 -15.103 0 -12.103 0 -14.103 0.13.103