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Question 15 (2.5 points) Saved Assume you are an American importer who must pay 500,000 euros at the end of 90 days when youQuestion 16 (2.5 points) If the exchange rate between dollars ($) and Turkish lira (TL) changes from 1$=200 TL (1TL=0.005$) tQuestion 11 (2.5 points) Saved Identify the following transaction by whether they belong in the U.S. current account or finan

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Answer #1

15. B
(As the Euro appreciates then more dollars will have to be given up so there will be a risk of loss.)

16. D
(As the value of dollar has decreased so dollar has depreciated and thus its imports become more expensive.)

11. A
(Interest payments are a part of current account. As it is paid to another country so it enters as a debit.)

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