McqMate
Q. |
Arbitrageurs in foreign exchange markets: |
A. | take advantage of the small inconsistencies that develop between markets. |
B. | attempt to make profits by outguessing the market. |
C. | make their profits through the spread between bid and offer rates of exchange. |
D. | need foreign exchange in order to buy foreign goods. |
Answer» A. take advantage of the small inconsistencies that develop between markets. |
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