Question: NLIP CNMTR 0 1 : 5 0 : 1 8 Time Remalring Returs Next Multiple Choice 2 . 5 points Assume that the interest rate

NLIP CNMTR
01:50:18
Time Remalring
Returs
Next
Multiple Choice 2.5 points
Assume that the interest rate on borrowing in Japan is 1 percent, while the interest rate on deposits in Australian banks is 5 percent. A trader borrows in yen and then converts the money into Australian dollars and deposits it in an Australian bank to make a 4 percent margin. Which type of trade is this an example of?
swing trade
carry trade
channel trade
price action trade
NLIP CNMTR 0 1 : 5 0 : 1 8 Time Remalring Returs

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