Triangular Arbitrage Would Take Place If the _____ Rate Between

question 64

Multiple Choice

Triangular arbitrage would take place if the _____ rate between two currencies was not _____ to the ratio of the two direct rates.

• A) cross; equal
• B) spot; equal
• C) cross; less than
• D) spot; less than
• E) cross; greater than

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Definitions:

Lise Vesterlund

An economist known for her research in the fields of public economics and experimental economics, focusing particularly on charitable giving and gender differences in competition.

College Degree

A formal certification by an educational institution recognizing the completion of a prescribed course of study in a particular field or discipline.

Black Female Workers

Refers to women workers of African descent, acknowledging their specific experiences and challenges in the labor market.

Clerical Staff

Employees who perform administrative or office tasks, such as filing, typing, and handling communications.