Arbitrage Tends to Bring About an Identical Price for the Same

question 73

True/False

Arbitrage tends to bring about an identical price for the same currency in different locations and thus results in one market.

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Definitions:

Gustatory Cortex

A region of the brain responsible for the perception of taste.

Genetic Predisposition

An inherited tendency to develop certain traits, conditions, or diseases.

Self-Perception Theory

A psychological theory suggesting people deduce their attitudes and feelings from observing their own behavior and the situations in which this behavior occurs.

Hypothalamus

A region of the brain responsible for the production of hormones that regulate body temperature, hunger, moods, release of hormones from many glands, especially the pituitary gland, sleep, and sex drive.