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Other Fields Homework Help Business Topic started by: samualson on Jul 6, 2018



Title: If the exchange rate quotes in two different countries were out of line with each other, an ...
Post by: samualson on Jul 6, 2018
If the exchange rate quotes in two different countries were out of line with each other, an enterprising trader could make a profit by buying in the market where the currency was cheaper and simultaneously selling it in the market where the currency was more expensive. Such a person would be known as a(n)
A) spot trader.
B) arbitrageur.
C) cross trader.
D) capitalist.


Title: If the exchange rate quotes in two different countries were out of line with each other, an ...
Post by: Marc18 on Jul 6, 2018
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Title: If the exchange rate quotes in two different countries were out of line with each other, an ...
Post by: samualson on Jul 6, 2018
Exactly what I needed for my quiz :D