GEB MCQ
GEB Chapter 8
_______ is the riskless purchase of a product in one market for immediate resale in a second market in order to profit from a price discrepancy.
_______ is the riskless purchase of a product in one market for immediate resale in a second market in order to profit from a price discrepancy.
_______ is the riskless purchase of a product in one market for immediate resale in a second market in order to profit from a price discrepancy.
A. Commercial exchange
B. Foreign exchange
C. Arbitrage
D. Parity
Answer: C
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