Economics · Economy

Buying a good from one market and simultaneously selling the same good at a higher price in another market to profit from the price difference is called _______.

Verified Solution4 OptionsUpdated: October 2026👁️1 View

1appreciation
2asset
3arbitrage✓
4autarky

Correct answer

arbitrage

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Buying a good from one market and simultaneously selling the same good at a higher price in another market to profit from the price difference is called _______.

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Buying a good from one market and simultaneously selling the same good at a higher price in another market to profit from the price difference is called _______.

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