Scenario - S & I Creations

question 19

Multiple Choice

Scenario - S & I Creations
Sven and Ingrid Allgertson developed the idea for their thriving business while awaiting the birth of their first child,Olga.Finding nowhere to purchase fine handmade baby clothing and other items,the couple decided to start their own business.Neither Sven nor Ingrid imagined just how successful this endeavor would turn out to be for them.Their designer baby clothes and products were an instant hit in the world marketplace.And even though the baby items are quite expensive to purchase,shoppers from around the world are only too happy to spend large sums of money on their beloved children.
Originally S & I Creations only sold products within Sweden,but soon global demand necessitated the company offer its products in several other foreign markets.Now the proud parents of baby Olga are also the proud owners of a $10 billion per year business.Sven and Ingrid cannot wait to see what the future holds for their family and their business operations.
-When the experts at the Whoppler Firm suggest to a client that it is advisable to engage in arbitrage,what exactly are the experts recommending their client to do?

• A) Sell goods in lower priced markets to move material throughout the globe
• B) Buy goods in a lower priced market and sell them in a higher priced market in order to make a profit
• C) Sell identical goods for the same prices in differing markets
• D) Buy and sell using only what are considered hard currencies
• E) Avoid transactions involving the use of soft currencies

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