If the Exchange Rate Quotes in Two Different Countries Were

question 95

Multiple Choice

If the exchange rate quotes in two different countries were out of line with each other,an enterprising trader could make a profit by buying in the market where the currency was cheaper and simultaneously selling it in the market where the currency was more expensive.Such a person would be known as a

• A)spot trader.
• B)arbitrageur.
• C)cross trader.
• D)capitalist.

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Definitions:

Target Companies

Businesses that are identified as potential acquisition candidates by other companies or investors.

Target's Stockholders

The shareholders of a company that is the object of a takeover or acquisition.

Internal Growth

Expansion achieved through a company's own business activities, such as increasing production, sales, or efficiency, without relying on external acquisitions.

Persuasive Reason

An argument or factor presented to convince or influence others to support a decision, action, or change in belief or behavior.