Multiple Choice
Arbitrage is
A) a secret or illegal cooperation between rivals in order to gain an unfair market advantage.
B) a deliberate action aimed at weakening a policy effort or organization through subversion, obstruction, disruption, or destruction.
C) the process of buying a good in one market at a low price and selling the good in another market for a higher price in order to profit from the price difference.
D) a plan formulated in secret by two or more firms to commit a wrongful act.
Correct Answer:

Verified
Correct Answer:
Verified
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