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Q. |
In which case will locational arbitrage most likely be feasible? |
A. | One bank's ask price for a currency is greater than another bank's bid price for the currency. |
B. | One bank's bid price for a currency is greater than another bank's ask price for the currency. |
C. | One bank's ask price for a currency is less than another bank's ask price for the currency. |
D. | One bank's bid price for a currency is less than another bank's bid price for the currency. |
Answer» B. One bank's bid price for a currency is greater than another bank's ask price for the currency. |
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