Suppose the Futures Price Is Below the Price Predicted by IRP.What

question 33

Multiple Choice

Suppose the futures price is below the price predicted by IRP.What steps would assure an arbitrage profit?

• A)Go short in the spot market,go long in the futures contract.
• B)Go long in the spot market,go short in the futures contract.
• C)Go short in the spot market,go short in the futures contract.
• D)Go long in the spot market,go long in the futures contract.

Understand the impact of labor migration on world output and economies of involved countries.

Recognize the complex relationship between immigration (legal and illegal) and the labor market, including displacement of domestic workers and wage impacts.

Analyze the role of economic factors in driving immigration, including the investment in human capital.

Identify the effects of illegal immigration on the wages of domestic-born workers and overall economic well-being.

---

Definitions:

Manufacturing Organizations

Businesses involved in the production of goods through the combination of labor, machines, tools, and chemical or biological processing.

Labor Costs

The sum expended on workforce, covering salaries, wages, and other employee benefits, and its management is crucial for financial health and competitiveness.

Organizational Strategy

A comprehensive plan that outlines how an organization will achieve its long-term objectives and maintain competitive advantage.

Competitive Advantage

Competitive advantage is the unique attribute or capability that allows an organization to outperform its competitors, potentially leading to greater sales or margins.