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    Exam 29: Open-Economy Macroeconomics: Basic Concepts
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    Arbitrage Is the Process of Taking Advantage of Differences in Prices
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Arbitrage Is the Process of Taking Advantage of Differences in Prices

Question 22

Question 22

True/False

Arbitrage is the process of taking advantage of differences in prices of the same good by buying where the good is cheap and selling where it is expensive.

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