The effect of arbitrage transactions on markets can best be described as: a. currency and money markets
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Question:
- The effect of arbitrage transactions on markets can best be described as:
a. currency and money markets will be destabilized.
b. those who need currencies for business and trade purposes will be excluded form the markets.
c. interest rates and values of the currencies involved will tend to converge.
d. regulators will eventually restrict the ability to engage in arbitrage transactions.
Related Book For
Smith and Roberson Business Law
ISBN: 978-0538473637
15th Edition
Authors: Richard A. Mann, Barry S. Roberts
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