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Author Question: If Trader's Paradise purchases and sells the euros simultaneously in different markets for profit, ... (Read 84 times)

yoooooman

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on: Jul 7, 2018
If Trader's Paradise purchases and sells the euros simultaneously in different markets for profit, it would be engaging in currency ________.
 
  A) swap
  B) speculation
  C) hedging
  D) arbitrage

Question 2

If Trader's Paradise purchases euros expecting the value to rise and generate a profit for the company, it is engaging in currency ________.
 
  A) swap
  B) speculation
  C) hedging
  D) arbitrage


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pallen55

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

D

Answer to Question 2

B


yoooooman

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

bigsis44

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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