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 65 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
Thanks for the timely response, appreciate it


carlsona147

  • Member
  • Posts: 341
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Critical care patients are twice as likely to receive the wrong medication. Of these errors, 20% are life-threatening, and 42% require additional life-sustaining treatments.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

For a complete list of videos, visit our video library