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NEW QUESTION: 1
Jill Surratt, CFA, and Elizabeth Castillo, CFA, are analysts for Summit Consulting. Summit provides investment advice to hedge funds and actively managed investment funds throughout the United States and Canada.
Surratt and Castillo have a client, Tom Carr, who is interested in increasing his returns from foreign currency positions. Carr currently has a position in Japanese yen (¥) that he wishes to convert to Taiwanese dollars (NTS) because he thinks the Taiwanese currency will appreciate in the near term. He docs not have a quote for yen in terms of the NTS, but has received quotes for both currencies in terms of the U.S. dollar The quotes are $0.008852-56 for the yen and $0.02874-6 for the Taiwanese dollar. He would like to purchase NTS10 million.
Discussing these quotes, Surratt notes that the bid-ask spread is affected by many factors. She states that if an economic crisis were expected in the Asian markets, then the bid-ask spread of the currency quotes should widen. Castillo states that if a dealer wished to unload an excess inventor}' of yen, the typical response would be to lower her ask for the yen, thereby narrowing the bid-ask spread.
In regards to changes in currency values, Surratt states that if the U.S. Federal Reserve unexpectedly restricts the growth of the money supply and foreign interest rates remain constant, then the U.S. interest rate differential should increase, thereby increasing the value of the dollar. She states that this change may occur without a change in the quantity of dollars traded. Surratt also mentions that in addition to monetary policy having an impact on exchange rates, governments sometimes intervene directly into the foreign currency markets. She states that if a country was defending its currency value, it would buy up its currency for as long as needed in the foreign currency markets.
In addition to using monetary policy, Summit Consulting uses anticipated changes in fiscal policy to forecast exchange rates and the balance of payments for a country. Castillo states that if the U.S.
Congress were to unexpectedly reduce the budget deficit, then this should have a positive impact on the value of the dollar in the short-run because foreigners would have more confidence in the U.S. economy.
Castillo adds that this change would result in changes in the balance of payments components, with the trade deficit and the capital account surplus decreasing.
Another of Summit's clients is Jack Ponder. Ponder would like to investigate the possibility of using covered interest arbitrage to earn risk free profits over the next three months, assuming initial capital of $1 million. He asks Surratt to gather information on the inflation rates, interest rates, spot rates, and forward rates for the U.S. dollar and the Swiss franc (SF). Surratt has also used technical analysis to obtain a projection of the future spot rate for the two countries' currencies. The information is presented below:

At a training session for new employees, Surratt and Castillo lecture on international trade and finance issues. To illustrate the concept of comparative advantage, Castillo uses two countries, Country A and Country B Both produce computers and food but have different opportunity costs for producing them. A's opportunity cost of producing another pallet of computers is two bushels of food. B*s opportunity cost of producing another pallet of computers is five bushels of food. The table below provides the output from each country before international trade takes place;

Which of the following best describes potential gains from international trade in Castillo's example?
Potential gains:
A. exist and Country A should increase production of computers.
B. exist and Country A should increase production of food.
C. do not exist because Country A is highly inefficient in the production of food.
Answer: A
Explanation:
Explanation/Reference:
Explanation:
If As opportunity cost of producing another pallet of computers is 2 bushels of food while B's is 5, then it does not cost A much to make more computers. A is thus more efficient in the production of computers and A should increase production of computers.
It costs Country B 1/5 (the reciprocal of 5) a pallet of computers to make a bushel of food while it costs A
1/2 a pallet. Thus B is more efficient in their production of food and B should increase production of food.
There is the potential for gains from international trade because both A and B will shift more of their production to the good each country makes more efficiently. The size of the international production pie will increase and both countries will benefit to varying degrees.
For example, assume that A produces 2 more pallets of computers. It will forfeit 4 (2 x 2) bushels of food.
This worldwide loss in food will be compensated for by B.
B will make 4 more bushels of food. As a result, B will produce 0.8 (4 x 1/5) less pallets of computers. In total, the world will be better off because the same amount of food will be produced (16) while more computers are produced (24.2). The result of international trade is summarized in the "After Trade" table below:

(Study Session 4, LOS l6.a)

NEW QUESTION: 2
When creating a new Tenant with a unique identifier RainPole, what URL will the RainPole users need to
access vRealize Automation?
A. https://vra.company.com/vcac/rainpole
B. https://rainpole.company.com/vcac
C. https://vra.company.com/vcac/org/rainpole
D. https://vra.company.com/rainpole
Answer: C

NEW QUESTION: 3

A. Option A
B. Option D
C. Option E
D. Option F
E. Option B
F. Option C
Answer: E
Explanation:
Note: # route -p add -host destination-IP gateway-IP -static
where destination-IP and gateway-IP are IPv4 addresses of the host to be used as a target.
For example, you would type the following to specify the target system 192.168.10.137, which is on the same subnet as the interfaces in IPMP group itops0:
$ route -p add -host 192.168.10.137 192.168.10.137 -static
This new route will be automatically configured every time the system is restarted. If you want to define only a temporary route to a target system for probe-based failure detection, then do not use the -p option.

NEW QUESTION: 4
注：この質問は、同じシナリオを使用する一連の質問の一部です。 あなたの便宜のために、シナリオは各質問で繰り返されます。 各質問はそれぞれ異なる目標と答えの選択を提示しますが、シナリオの本文はこのシリーズの各質問でまったく同じです。
Salesという名前のデータベースに、Customer、Order、およびProductsの各データベーステーブルが含まれています。
次の図に、ProductsテーブルとOrderテーブルを示します。

顧客テーブルは、顧客が最後に注文した注文のデータを格納する列を含みます。
Leadsという名前のテーブルを作成する予定です。 Leadsテーブルには、約2万レコードが含まれると予想されます。
Leadsテーブルのストレージ要件は最小限に抑える必要があります。
次の要件を満たすトリガーを作成する必要があります。
* テーブルのパフォーマンスとデータの整合性を最適化します。
* 存在しない顧客に対してユーザーが注文を作成しようとした場合は、カスタムエラーを提供します。
* Customersテーブルで、最後に注文した注文の値を更新します。
* 元のトランザクションの一部としてすべてのアクションを完了してください。
以下の表で、要件を満たすトリガーの種類を特定します。
注：各列で選択のみを行います。 それぞれ正しい選択は1ポイントの価値があります。

Answer:
Explanation:

Explanation

INSTEAD OF INSERT triggers can be defined on a view or table to replace the standard action of the INSERT statement.
AFTER specifies that the DML trigger is fired only when all operations specified in the triggering SQL statement have executed successfully.
References: https://technet.microsoft.com/en-us/library/ms175089(v=sql.105).aspx

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