Bank a Asks

question 13

Multiple Choice

Bank A asks $.555 for Swiss francs and Banks B and C are willing to pay $.557 for francs. An institution could capitalize on these differences by engaging in

• A)covered interest arbitrage.
• B)triangular arbitrage.
• C)locational arbitrage.
• D)witching hour arbitrage.

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Definitions:

Positive Psychologist

A professional who studies the strengths and virtues that enable individuals and communities to thrive, focusing on positive aspects of human behavior.

Evolution

A process by which different kinds of living organisms are thought to have developed and diversified from earlier forms during the history of the earth.

Unconscious Processes

Mental processes not directly accessible to awareness or comprehension, influencing behaviors and perceptions without conscious knowledge.

Reinforcement

A process in behavior analysis that strengthens a desired behavior by providing a reward or removing an unpleasant stimulus.