A Trader Who Simultaneously Bought Swiss Francs in New York

question 114

Multiple Choice

A trader who simultaneously bought Swiss francs in New York for 1.0222 and sold them in Zurich for 1.0233 would be practicing [blank].

• A)simple arbitrage
• B)inside trading
• C)compound arbitrage
• D)direct trading

---

Definitions:

Zero-length String

A string value that contains no characters, often used to represent the absence of text.

Entry

The act of inputting data into a system or the individual piece of data that is entered.

Database

A structured set of data held in a computer, especially one that is accessible in various ways.

Validation Text

Text displayed to a user when entered data does not conform to predefined rules, guiding them towards correct input.