Question: The table below presents quotes and cross - quotes on EUR and CAD. table [ [ Trice for EUR in Chicago ( in ,

The table below presents quotes and cross-quotes on EUR and CAD.
\table[[Trice for EUR in Chicago (in,\table[[Price for CAD in Toronto (in],[$)]],Price for EUR in Paris (in CAD)],[5),1 CAD = USD 0.855,1 EUR = CAD 1.589],[LEUR = USD 1.345,,]]
If all traders use triangular arbitrage to maximize profits, then the dollar price of EUR for the Chicago dealer will the CAD price of EUR for the Paris dealer will , and the dollar price of CAD for the Toronto dealer will
increase; increase; decrease
decrease; increase; increase
decrease; decrease; increase
increase; decrease; decrease
 The table below presents quotes and cross-quotes on EUR and CAD.

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