The process of developing forecasts from market indicators, which is known as

$q,$ is usually based on either the spot rate or the forward rate.

a$.$ market based forecasting

b$.$ technical forecasting

c$.$ fundamental forecasting

d$.$ mixed forecasting

If the exporter needs funds immediately, it may obtain financing from a bank. In what is referred to as banker's acceptances, the bank will provide a loan to the exporter secured by the account receivable. The bank's loan is made to the exporter based on its creditworthiness. If the importer fails to pay the exporter for any reason, the exporter is still responsible for repaying the bank.

True

False