All of the Following Are Necessary for Arbitrage to Take

question 11

Multiple Choice

All of the following are necessary for arbitrage to take place EXCEPT

• A) no transactions costs.
• B) no sales or transfer taxes.
• C) the means to execute trades quickly.
• D) a willingness to undertake a substantial net investment.
• E) different prices in different locations.

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Definitions:

Selection

The process by which certain traits become more or less common in a population due to their effects on the survival and reproduction of their carriers.

Sickle-Cell Anemia

A genetic blood disorder caused by a mutation in the hemoglobin gene, leading to misshaped red blood cells that can cause health complications.

Africa

The world's second-largest and second-most populous continent, known for its rich cultural heritage, diverse ecosystems, and significant natural resources.

United States

A country located primarily in North America, consisting of 50 states and a federal district.