________ 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

---

Definitions:

Operating Revenues

The income earned by a company from its normal business activities.

Operating Expenses

The costs associated with running the core operations of a business that are not directly tied to the production of goods or services, such as rent, utilities, and salaries.

Operating Expenses

Costs incurred in the day-to-day operations of a business, excluding costs related to producing goods or services.

Supplies Expense

The cost associated with materials or goods required to operate a business but not directly tied to the products sold.