Economics · International Finance
The simultaneous purchase and sale of an asset (such as different currencies) in two or more exchange markets in order to profit from a difference in the price is known as:
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Hedging
- 2Arbitrage✓
- 3Speculation
- 4Swaps
Correct answer
Arbitrage
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