Multiple Choice
The term "arbitrage" refers to
A) buying a good in a market where its price is high and selling the good in another market where its price is lower.
B) buying a good in a market where its price is low and selling the good in another market where its price is higher.
C) selling a good in a market where its price is high.
D) selling a good in a market where its price is low.
Correct Answer:
Verified
Correct Answer:
Verified
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