Napril 1, quality corporation, a u. s. company, expects to sell merchandise to a french customer in three months, denominating the transaction in euros. on april 1, the spot rate is $1.41 per euro, and quality enters into a three-month forward contract cash flow hedge to sell 400,000 euros at a rate of $1.36. at the end of three months, the spot rate is $1.37 per euro, and quality delivers the merchandise, collecting 400,000 euros. what are the effects on net income from these transactions?

Identify whether the statements are true or false by dragging and dropping the appropriate term into the bin provided. long-run economic growth is unlikely to be sustainable because of finite natural resources. in the modern economy, countries that possess few domestic natural resources essentially have no chance to develop economically. finding alternatives to natural resources will be very important to long-term economic growth. in the modern economy, human and physical capital are generally less important in productivity than natural resources. in the 19th century, countries with the highest per capita gdp were nearly always abundant in minerals and productive farming land.