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) cross trader. B) capitalist. C) arbitrageur. D) spot trader.
C
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If a bank pays a check after it is given a stop-payment order and has to reimburse its customer for the improperly paid check, ________.
A. it acquires partial rights of its customer against the person to whom it originally made payment B. it acquires all the rights of its customer against the person to whom it originally made payment C. the customer to whom payment was made will retain all the rights D. it will not acquire the rights arising from the transaction on which the check was based
A ________ is a plot of the original variables using the factor loadings as coordinates
A) scree plot B) territorial map C) factor loading plot D) scattergram
Which of the following is another term for amplification?
A. impressions B. reach C. conversation rate D. conversion ratio
The IBRD is a major institution of the World Bank whose function is to loan to
A. middle-income and creditworthy poor nations. B. countries whose income levels make them not creditworthy. C. private individuals in developing nations whose entrepreneurial efforts support development. D. private-sector development-focused firms.