________ Attempt to Exploit Small Differences in the Price of a Currency

question 52

Multiple Choice

________ attempt to exploit small differences in the price of a currency between markets by buying currencies in lower-priced markets and selling in higher-priced markets.

• A) Commercial customers
• B) Speculators
• C) Arbitrageurs
• D) Individuals

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Definitions:

E-commerce

The buying and selling of goods and services over the internet.

Traditional Commerce

Commerce transactions that take place in physical locations, such as stores or offices, rather than online.

Authorized Mode

Pertains to a legally or officially approved method or procedure.

Effective

Something that produces a desired result or achieves the intended outcome.