Arbitrage Refers to the Act of

question 204

Multiple Choice

Arbitrage refers to the act of

• A)resolving a dispute in front of an arbitrator instead of a court of law.
• B)buying a product in one market at a low price and reselling in another market at a higher price.
• C)trading in the foreign exchange market.
• D)suing a producer for illegal business practices.

---

Definitions:

Buyer Persona

A semi-fictional representation of the ideal customer based on market research and real data about existing customers, helping businesses to understand and cater to their target audience.

Tornado

A violently rotating column of air that is in contact with both the surface of the Earth and a cumulonimbus cloud or, in rare cases, the base of a cumulus cloud.

Customer Demand

The desire and willingness of consumers to purchase goods and services at a given price and time.

Period Of Calm

A time interval characterized by peace, stability, or a lack of disturbance.