Which of the Statements Below Is TRUE

question 102

Multiple Choice

Which of the statements below is TRUE?

• A)When illustrating triangular arbitrage,you start from the bottom of the triangle with an initial amount of money and,moving in a clockwise manner,you can see the three currency exchanges and the resulting currency amounts at each corner of the triangle.
• B)When illustrating triangular arbitrage,you start from the top of the triangle with an initial amount of money and,moving in a clockwise manner,you can see the three currency exchanges and the resulting currency amounts at each corner of the triangle.
• C)When illustrating triangular arbitrage,you start from the bottom of the triangle with an initial amount of money and,moving in a counter-clockwise manner,you can see the three currency exchanges and the resulting currency amounts at each corner of the triangle.
• D)When illustrating triangular arbitrage,you start from the top of the triangle with an initial amount of money and,moving in a counter-clockwise manner,you can see the three currency exchanges and the resulting currency amounts in the middle of the triangle.

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Definitions:

Ethnocentrism

The belief in the inherent superiority of one's own ethnic group or culture, often leading to prejudice and discrimination against people of other groups.

Information Filtering

The process of screening, selecting, and presenting information in a way that selectively reduces the volume of information available.

Arbitration

A method of dispute resolution involving a neutral third party who makes a binding decision.

Neutral

Having no strongly positive or negative qualities, characteristics, or feelings; characterized by impartiality or absence of bias.