$1\mathrm{.}5(5$ points$)$: Concerning the exchange rate forecast, which of the following statements is TRUE:

$($A$).$ fundamental analysis assumes efficient markets while technical analysis assumes nonefficient markets.

$($B$).$ fundamental analysis assumes non$-$efficient markets while technical analysis assumes efficient markets.

$($C$).$ both fundamental and technical analyses assume efficient markets.

$($D$).$ these analyses are not related to market efficiency.

$1\mathrm{.}6(5$ points$)$: Suppose that significant tariffs make the U$.$S$.$ inflation higher than foreign inflation $($and all other things being equal$).$ A multinational corporation $($with headquarter in the US$)$ aiming to maximize its total real profitability should:

$($A$).$ scale up its US operation, scale down its foreign operation.

$($B$).$ scale down its US operation, scale up its foreign operation.

$($C$).$ scale down operations everywhere.

$($D$).$ scale up operations everywhere.