This topic contains a solution. Click here to go to the answer

Author Question: Specialization prohibits industries and laborers from being productive and profitable in the arena ... (Read 71 times)

Collmarie

  • Hero Member
  • *****
  • Posts: 569
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?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

isabelt_18

  • Sr. Member
  • ****
  • Posts: 342
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

  • Member
  • Posts: 569
Reply 2 on: Jul 7, 2018
YES! Correct, THANKS for helping me on my review


emsimon14

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Women are two-thirds more likely than men to develop irritable bowel syndrome. This may be attributable to hormonal changes related to their menstrual cycles.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

For a complete list of videos, visit our video library