What Is Arbitrage

question 47

Multiple Choice

What is arbitrage?

• A)The cost of shipping and insuring exported goods.
• B)The buying of a currency at one price and its immediate sale at another price.
• C)The cost of holding goods whose price is expected to increase in the future.
• D)Speculation on the future price of a currency.

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Definitions:

Ingratiation

A social influence strategy used to make oneself more likable to others, often through flattery or by conforming to their opinions.

Voluntary Tasks

Activities or duties undertaken willingly without coercion, often beyond the required or expected norms.

Subordinate

An employee or member of an organization who reports to a supervisor or a higher authority.

Performance Deficiencies

Refers to the gap between actual and expected performance levels in employees or systems.