Question: 8. Flexible exchange rate would make the __________, and hence the costs and revenue become __________ predictable. This add exchange rate __________ to international trade

8. Flexible exchange rate would make the __________, and hence the costs and revenue become __________ predictable. This add exchange rate __________ to international trade and overseas investment.(5%)A. None of the options.B. government budget; more; marginC. merchandise price; more; safetyD. production quantity; less; revenueE. merchandise price; less; risk
The clearing house is the __________ of every futures contract and takes the __________ side of the transaction. As a result, credit risk, default risk and counter party risk in futures trading will be __________.(5%)
A. counterparty; opposite; maximized
B. broker; same; minimized
C. counterparty; opposite; minimized
D. participant; same; minimized
E. None of the options.

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