Type "True" or "False." If you answer "False", then explain why the statement is false (1 line). If you answer "True", do NOT explain.

a. "Documentary Letters of Credit are among the safest payment methods in international trade in large part because they involve banks from different countries that have well-established relationships based on trust. "

b. "In both foreign exchange markets and equity markets fees are typically charged explicitly and are easy to identify."

c. "Capital flights often occur as a response to sudden changes in political risk. "

d."The spot and forward rates between the Australian dollar and another currency (say the US Dollar) could be equal."

e. "The Bancassurance structures are becoming more and more popular among large Australian banks."