Please answer 12, 13 & 14. I was given the incomplete answer last time I asked.

Gradebook Email Live Doc Sharing Dropbox Journal Webliography Tech Support Help 11. Due tomarket forces should realign the cross exchange rate between two foreign currencies based on the spot exchange rates of the two currendies against the U.S. dollar. (Points : 3.5) O locational arbitrage covered interest arbitrage triangular arbitrage forward reallignment arbitrage 12. The current exchange rate is 1.00-$1.60. Compute the correct balances in Bank A's correspondent account 's) with Bank B if a currency trader employed at Bank A buys 250,000 from a currency trader at Bank B for $400,000 using its correspondent relationship with Bank B. (Points: 3.5) O Bank A's dollar-denominated account at B will fall by $400,000. Bank A's pound-denominated account at B will fall by 250,000. Bank B's pound-denominated account at A will rise by 250,000. Bank B's dollar-denominated account at A will fall by $400,000. 13. Generally speaking, any transaction that results in a payments to foreigners (Points : 3.5) will be recorded as a debit, with a positive sign, in the U.S. balance of payments. O will be recorded as a debit, with a negative sign, in the U.S. balance of payments. 0 will be recorded as a credit, with a positive sign, in the U.S. balance of payments. O will be recorded as a predit, with a negative sign, in the US. balance of payments. 14. Which of the following regarding the Bretton Woods system is true? (Points : 3.5) Each country established a par value for its currency in relation to the dollar The U.S. dollar was pegged to gold at $35 per ounce. Each country was responsible for maintaining is exchange rate within i percent of the adopted gar value by buying or selling foreign exchanges as necessary. All of the above statements are true. Show all