
- ARemain stationary.
- BMove towards the wire.
- CMove away from the wire.
- DRotate about the wire.

Explanation:

$\overrightarrow{\text{F}}_\text{AD}+\overrightarrow{\text{F}}_\text{BC}=0$
$\overrightarrow{\text{F}}_\text{AB}>\overrightarrow{\text{F}}_\text{CD}$
Force acting on the wire per unit length carrying current i2 due to the wire carrying current i1 placed at a distance d is given by,
$\text{F}=\frac{\mu_0\text{i}_1\text{i}_2}{2\pi\text{d}}$
So, forces per unit length acting on sides AB and CD are as follows:
$\text{F}_\text{AB}=\frac{\mu_0\text{i}_1\text{i}_2}{2\pi\text{d}}$ (Towards the wire)
$\text{F}_\text{CD}=\frac{\mu_0\text{i}_1\text{i}_2}{2\pi(\text{d}+\text{a})}$ (Away from the wire)
Here, FAB > FCD because force is inversly proportional to the distance from the wire and wire AB is closer to the wire carrying current i1.
The forces per unit length acting on sides BC and DA will be equal and opposite, as they are equally away from the wire carrying current i1, with current i2 flowing in the opposite direction.
$\therefore\text{F}_\text{BC}=-\text{F}_\text{DA}$
Now,
Net force:
$\text{F} = \text{F}_\text{AB}+\text{F}_\text{BC}+\text{F}_\text{CD}+\text{F}_\text{DA}$
$\Rightarrow\text{F}=\frac{\mu_0\text{i}_1\text{i}_2}{2\pi\text{d}}+\text{F}_\text{BC}-\frac{\mu_0\text{i}_1\text{i}_2}{2\pi(\text{d+a})}-\text{F}_\text{BC}$
$\Rightarrow\text{F}=\frac{\mu_0\text{i}_1\text{i}_2}{2\pi}\Big(\frac{1}{\text{d}}-\frac{1}{\text{d+a}}\Big)$
$\Rightarrow\text{F}=\frac{\mu_0\text{i}_1\text{i}_2\text{a}}{2\pi\text{d}(\text{d+a})}$
(Towards the wire)
Therefore, the loop will move towards the wire.
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