Please answer The question in finance correctly and provide good explanation , otherwise no upvote granted.

19) If an MNC expects cash outflows of equal amounts in two currencies, and the two currencies are correlated, the MNC's transaction exposure is relatively (Select 12pts) negatively, low O positively, low negatively, high O None of the above 19) For a European options, what is the effect of an increase in the spot exchange rate S($/)? (Select 1/2pts, Increase the value of calls, decrease the value of puts ceteris paribus O Increase the value of calls and puts ceteris paribus O Decrease the value of calls, increase the value of puts ceteris paribus O Decrease the value of calls and puts ceteris paribus