Suppose $1 = 1

Multiple Choice

Suppose $1 = 1.5 euros in London and $1 = 1.2 euros in New York. Which of the following would be the right trade for you to make money?

A) You sell 1,000 euros in London and buy euros in New York.
B) You sell dollars in New York and buy dollars in London.
C) You sell dollars in London and buy dollars in New York.
D) You sell euros in London and buy dollars in New York.