Can you help me to answer this question? subject treasury management

21.	What is the difference if USM Bank were to obtain SGD from your bank compared with if it were to bid SGD at its own rates?
	A.	0 pips
	B.	10 pips
	C.	20 pips
	D.	30 pips
	Question 22 to 27, please refer to statement below.
	Settlement of international trade between an importer and an exporter can take place in either THREE (3) situations, i.e., (i) using the home currency of the importer; or (ii) using the home currency of the exporter; or (iii) using a third country currency. In each of the scenario below, briefly describe how the respective parties are affected by filling up the spaces below.

	If both parties agreed for payment to be made using ..	Malaysian Seller need to	Japanese Buyer need to
i.	Importers home currency	Q. 22	Q. 23
ii.	Exporters home currency	Q. 24	Q. 25
iii.	Neutral currency, say, USD	Q. 26	Q. 27

22.	A.	Sell JPY for conversion into MYR
	B.	Pay JPY to the Malaysian exporter
	C.	Do nothing (just accept the MYR)
	D.	Sell JPY in order to raise MYR
23.	A.	Sell JPY for conversion into MYR
	B.	Pay JPY to the Malaysian exporter
	C.	Do nothing (just accept the MYR)
	D.	Sell JPY in order to raise MYR
24.	A.	Sell JPY for conversion into MYR
	B.	Pay JPY to the Malaysian exporter
	C.	Do nothing (just accept the MYR)
	D.	Sell JPY in order to raise MYR
25.	A.	Sell JPY for conversion into MYR
	B.	Pay JPY to the Malaysian exporter
	C.	Do nothing (just accept the MYR)
	D.	Sell JPY in order to raise MYR