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Clement Clement
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4 years ago

Question 1.

The act of buying a product at a low price in one market and reselling the product at a higher price in another market is called arbitrage.



▸ true

▸ false

Question 2.

The law of one price states that identical products should sell for the same price everywhere as long as transactions costs are zero.



▸ true

▸ false
Textbook 
InMicro

InMicro


Edition: 1st
Authors:
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swolfe15swolfe15
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4 years ago
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Clement Author
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4 years ago
Just got PERFECT on my quiz
Harvinder
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Yesterday
Correct Slight Smile TY
ediblefruitz
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2 hours ago
this is exactly what I needed
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