Arbitrage with two currencies is NOT possible when:
a. there is an exchange rate difference in two markets.
b. traders are familiar with markets.
c. the exchange rates are in equilibrium, and the same is occurring in all markets.
d. the exchange rates are extremely volatile.
Ans: c. the exchange rates are in equilibrium, and the same is occurring in all markets.
Economics
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In the above figure, what price will a single-price monopoly set?
A) P1 B) P2 C) P4 D) P5
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Alternative approaches for reducing carbon dioxide emissions are
A) carbon taxes and carbon trading. B) carbon trading and carbon subsidies. C) carbon taxes and carbon scrubbing. D) burning low carbon coal and deforestation.
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