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samualson samualson
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6 years ago
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.
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Marc18Marc18
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6 years ago
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samualson Author
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#2
6 years ago
Exactly what I needed for my quiz Smiling Face with Open Mouth
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