International Business: The Challenges of Globalization (8th Edition)
International Business: The Challenges of Globalization (8th Edition)
8th Edition
ISBN: 9780133866247
Author: John J. Wild, Kenneth L. Wild
Publisher: PEARSON
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Chapter 9.3, Problem 3QS3
Summary Introduction

To Determine:

The name when purchase and sale of a currency in different markets to make a profit take place instantaneously.

Introduction:

Instantaneous purchase and sale of a currency in different markets for profit is known as Currency Arbitrage.

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