The Process of Buying a Currency Low and Selling It

question 133

Multiple Choice

The process of buying a currency low and selling it high at the same time is called

• A) forward exchange.
• B) skimming
• C) profiteering
• D) arbitrage
• E) hedging

---

Definitions:

Dominant Position

A situation where a company or entity has a significant or controlling influence over a market, allowing it to set prices or control the supply of products or services.

Nondisclosure

The obligation to keep certain information confidential and not share it without authorization.

Rescinding Contract

The process of unilaterally terminating a contract by one of the parties involved, effectively rendering the agreement null and void from the outset.

Mistakes

Errors or misunderstandings that can occur in various contexts, such as in contracts, decisions, or actions.