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If the Exchange Rate Quotes in Two Different Countries Were

Question 82

Multiple Choice

If the exchange rate quotes in two different countries were out of line with each other,an enterprising trader could make a profit by buying in the market where the currency was cheaper and simultaneously selling it in the market where the currency was more expensive.Such a person would be known as a(n)


A) spot trader.
B) arbitrageur.
C) cross trader.
D) capitalist.

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