What Is the Primary Difference Between Speculation and Arbitrage in the Foreign

question 46

Multiple Choice

What is the primary difference between speculation and arbitrage in the foreign exchange market?

• A)They are fundamentally the same transaction
• B)Arbitrage involves transactions separated by time,while speculative transactions take place in concurrent markets
• C)Speculation is risk free,arbitrage is not
• D)Speculative transactions are separated by time,while arbitrage occurs in concurrent markets

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Definitions:

Pericardial Sac

A double-walled sac containing the heart and the roots of the great vessels, providing protection against infection and supplying lubrication for the heart.

Myocardium

The thick middle layer of the heart wall composed of cardiac muscle cells; responsible for the heart's contractile activity.

Epicardium

The outermost layer of the heart's wall, part of the heart's protective covering and involved in the production of pericardial fluid.

Endocarditis

Inflammation of the inner layer of the heart, often affecting the heart valves.