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samoo1 samoo1
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7 years ago
How does arbitrage differ from speculation?
A) Speculation, unlike arbitrage, is never used to protect against risk.
B) A speculator buys or sells foreign currency with the hope that that currency will either weaken or strengthen in the future, resulting in a profit.
C) Speculation is the purchase of foreign currency on one market for the immediate resale on another market.
D) Arbitrage is another way to speculate for profit or protect against risk.
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International Business

International Business


Edition: 15th
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Studying law and politics at NYU
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KitechiKitechi
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7 years ago
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samoo1 Author
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7 years ago
Thanks
veronee_madison
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
Helpmeplease11
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2 hours ago
This helped my grade so much Perfect
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