Question: Arbitrageurs in foreign exchange markets: Select one: a. make their profits through the spread between bid and offer rates of exchange. b. need foreign exchange

Arbitrageurs in foreign exchange markets:

Select one:

a.

make their profits through the spread between bid and offer rates of exchange.

b.

need foreign exchange in order to buy foreign goods.

c.

take advantage of the small inconsistencies that develop between markets.

d.

attempt to make profits by outguessing the market.

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