The Action of Arbitrage Is

question 39

Multiple Choice

The action of arbitrage is

• A) the process of buying a currency cheap and selling it dear.
• B) the process of buying a currency dear and selling it cheap.
• C) the process of buying and selling currency at the same price.
• D) the process of selling currency at different prices in different markets.
• E) the process of buying a currency and holding onto it to take it off the market.

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Definitions:

Meanings

The significance or interpretation of a word, sign, symbol, or action to individuals or groups within a particular context.

Ethnography

A qualitative research method aimed at studying cultures and communities through close observation and participation.

Rapport

A positive relationship often characterized by mutual trust or sympathy.

Cocaine

A powerful stimulant drug derived from the leaves of the coca plant that is used recreationally for its euphoric effects.