1)Hasbro currently has a sizeable position in currency forwards that are long foreign currencies. Which could explain the rationale for this decision?

Group of answer choices

A.They expect weak U.S. sales when the dollar is weak.

B.They have accounts payable in foreign currencies

C. They are taking a speculative bet that the dollar will appreciate

D. They expect to have significant sales in foreign countries

2) If management anticipates appreciation of the foreign currency, it

A. may try to reduce costs

B. may select certain asset categories for reduction

C. may try to increase exposed liabilities

D. may try to increase net exposed assets

3) Which of the following Current Account deficits are indefinitely sustainable?

A. If the current account deficit is smaller than long-term GDP growth, then it could be sustainable.

B. No negative current account balance is indefinitely sustainable.

C. If the current account deficit is smaller than our trade surplus, then it is sustainable.

D. If the current account deficit is smaller than the current account surplus, then it could be sustainable.