If the exchange rate quotes in two different countries were out of line with each other, an
enterprising trader could make a profit by buying in the market where the currency was cheaper
and simultaneously selling it in the market where the
currency was more expensive. Such a person
would be known as a(n)
A) cross trader. B) capitalist. C) arbitrageur. D) spot trader.
C
Business
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A) net sales revenue B) cost of goods sold C) total variable costs D) total fixed costs
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The following would be examples of marketing objectives, except:
A) increase market share B) meet a targeted return on investment C) enhance brand image D) increase sales volume
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