Arbitrage refers to the act of
A) buying a product in one market at a low price and reselling in another market at a higher price.
B) suing a producer for illegal business practices.
C) trading in the foreign exchange market.
D) resolving a dispute in front of an arbitrator instead of a court of law.
A
Economics
You might also like to view...
Banks can make loans as long as they have
A) deposits. B) reserves. C) required reserves. D) excess reserves. E) excess government securities.
Economics
Pat earns $1,000 per week and spends $850 per week on living expenses, puts $50 in a savings account, and buys $100 worth of shares in a stock mutual fund. Pat's saving is ________, and Pat's saving rate is ________.
A. $50; 5.0 percent B. $150; 15 percent C. $50; 5.9 percent D. $100; 10 percent
Economics