Due to ____, Market Forces Should Realign the Cross Exchange

question 87

Multiple Choice

Due to ____, market forces should realign the cross exchange rate between two foreign currencies based on the spot exchange rates of the two currencies against the U.S. dollar.​

• A) ​forward realignment arbitrage
• B) ​triangular arbitrage
• C) ​covered interest arbitrage
• D) ​locational arbitrage

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Operating Profit

Revenue obtained through a company's principal business activities, before subtracting interest and taxes.

Invoice

A paper provided by the seller to the purchaser, listing the items, amounts, and confirmed pricing for goods or services rendered by the seller.

Payment Date

The specific date on which a payment is due or processed.

Cost

The amount of money required to purchase something or to produce a good or service.