GEB MCQ
GEB Chapter 8
_______ attempt to exploit small differences in the price of a currency between markets by buying currencies in lower-priced markets and selling in higher-priced markets.
_______ attempt to exploit small differences in the price of a currency between markets by buying currencies in lower-priced markets and selling in higher-priced markets.
_______ attempt to exploit small differences in the price of a currency between markets by buying currencies in lower-priced markets and selling in higher-priced markets.
A. Commercial customers
B. Speculators
C. Arbitrageurs
D. Individuals
Answer: C
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