A blueprint specifies in detail how a service process should be constructed

One of the disadvantages of licensing is that it requires the licensor to make a high capital investment in the foreign market

Indicate whether the statement is true or false

Jasper Pernik is a currency speculator who enjoys "betting" on changes in the foreign currency exchange market

Currently the spot price for the Japanese yen is ¥129.87/$ and the 6-month forward rate is ¥128.53/$. Jasper would earn a higher rate of return by buying yen and selling a forward contract than if he had invested her money in 6-month US Treasury securities at an annual rate of 2.50%. Indicate whether the statement is true or false.