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Author Question: Specialization prohibits industries and laborers from being productive and profitable in the arena ... (Read 81 times)

Collmarie

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on: Jul 7, 2018
Specialization prohibits industries and laborers from being productive and profitable in the arena of international trade.
 
  Indicate whether the statement is true or false

Question 2

What is three-point arbitrage?
 
  What will be an ideal response?


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isabelt_18

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Reply #1 on: Jul 7, 2018
Answer to Question 1

FALSE

Answer to Question 2

Three-point arbitrage is the buying and selling of three different currencies to make a risk-free profit.


Collmarie

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Reply 2 on: Jul 7, 2018
Thanks for the timely response, appreciate it

fatboyy09

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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