Triangular Arbitrage Would Take Place If the _____ Rate Between

question 64

Multiple Choice

Triangular arbitrage would take place if the _____ rate between two currencies was not _____ to the ratio of the two direct rates.

• A) cross; equal
• B) spot; equal
• C) cross; less than
• D) spot; less than
• E) cross; greater than

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Definitions:

Actual Performance

The real, observed output or results achieved by an individual, group, or organization, as opposed to expected or theoretical outcomes.

Gantt Chart

A visual project management tool that displays tasks or events in relation to time, allowing for easy tracking of project schedules.

Research And Development

A functional area focusing on innovation and the creation of new products or processes through systematic investigation and experimentation.

Engineering Design

The creative process of developing specifications for a product or system through problem-solving and innovation.