Realignment in the Exchange Rates of Banks Will Eliminate Locational

question 63

True/False

Realignment in the exchange rates of banks will eliminate locational arbitrage. More specifically, market forces will increase the ask rate of the bank from which the currency was bought to conduct locational arbitrage and will decrease the bid rate of the bank to which the currency was sold to conduct locational arbitrage.

---

Definitions:

Ethical Behavior

Actions or practices that adhere to recognized moral principles or standards of conduct.

Abusive Supervision

A form of workplace maltreatment where a supervisor engages in sustained display of hostile verbal and nonverbal behaviors, excluding physical contact.

Organizational Performance

The analysis of a company's performance against its goals and objectives, including its efficiency and effectiveness.

Ethical Ways

Methods or practices that align with moral principles and values, ensuring fairness, respect, and integrity in actions.