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Author Question: Suppose 1 is trading for 2.00 in New York City and 1.80 in London. A foreign exchange trader could ... (Read 110 times)

nautica902

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on: Jul 7, 2018
Suppose 1 is trading for 2.00 in New York City and 1.80 in London. A foreign exchange trader could take 1.80 and buy 1 in London's financial exchange market and then sell it for 2.00 in New York's financial exchange market.
 
  What is this an example of?
  A) two-point arbitrage
  B) three-point arbitrage
  C) covered interest
  D) arbitrage of goods

Question 2

A(n) ________ is a firm directly engaged in importing and exporting a wide variety of goods for its own account.
 
  A) Webb-Pomerene association
  B) export management company
  C) international trading company
  D) management broker
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sailorcrescent

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Reply #1 on: Jul 7, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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nautica902

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

nyrave

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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