Question 5 (Mandatory) (3 points) A country which spends more than its income will import more than it exports save more than it invests invest more than it saves both A and C Question 6 (Mandatory) (3 points) Which of the following may be participants in the foreign exchange markets? bank and nonbank foreign exchange dealers central banks and treasuries speculators and arbitrageurs all of the above The reference rate of interest in the eurocurrency market is the London Interbank Offered Rate Prima rate Federal funds rate Treasury rate Question 9 (Mandatory) (3 points) transaction in the foreign exchange market requires delivery of foreign exchange at some future date O spot forward swap currency Question 10 (Mandatory) (3 points) The top three currency pairs traded with the U.S. dollar are: OUK pound, Chinese Yuan, Japanese yen Swiss franc, euro, Japanese yen. UK pound, euro, Japanese yen. euro, Chinese Yuan, Japanese yen. Question 11 (Mandatory) (3 points) The theory that suggests specialization by country can increase worldwide production is: the theory of comparative advantage the theory of foreign direct investment, the international Fisher effect. the theory of working capital management