______ Can Occur If _____

question 52

Multiple Choice

______ can occur if _____.

• A) Arbitrage; the law of one price is not violated
• B) Arbitrage; the law of one price is violated
• C) Low-risk economic profit; the law of one price is not violated
• D) Low-risk economic profit; the law of one price is violated
• E) Arbitrage and low-risk economic profit; the law of one price is violated

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Definitions:

A Pardon

An act by a government official, typically a president or governor, excusing an individual from the legal consequences of a crime.

Reprieve

A temporary delay in the execution of a punishment, especially a death sentence, or a temporary relief from an unpleasant situation.

Imports

Goods and services brought into a country from abroad for sale.

Foreign Countries

Nations that are outside of one's own country, often referring to international relations or policies.