Arbitrage Is ________ in One Market and ________ in Another

question 27

Multiple Choice

Arbitrage is ________ in one market and ________ in another market.

• A) selling low; buying higher
• B) selling high; buying higher
• C) buying high; selling lower
• D) buying low; selling higher

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Definitions:

Comparative Advantage

The competence of an individual or a group in executing a certain economic task with greater efficiency than an alternative one.

Cookies

Small files stored on a user's computer by a web browser, containing data about the user's online activities.

Specialize In Producing

The practice of focusing production efforts on a limited range of goods or services to gain greater efficiency and quality.

Compasses

Devices designed to aid in finding one's way by indicating the direction in relation to the Earth's cardinal points.