Which of the following is NOT an item to be considered in BOP calculations? Select one: a. Purchase of a U.S. Treasury Bill by a U. S. resident. b. Purchase of a Japan Treasury Bill by a U. S. resident. c. A U.S. based firm manages the development of an oil field in Kazakhstan d. A U.S. citizen living in Minnesota travels to Winnipeg, Canada and buys a case LaBatt's Canadian beer. Ne The implied PPP rate of exchange of US per Mexican Peso is 0.12 acc Price. The current exchange rate is Peso $1/7.80 Pesos. Thus, accord of One Price, at the current exchange rate the peso is Select one: a. undervalued b. correctly valued