subject
Business, 17.04.2020 17:04 deyuntamathis

Assume that the law of one price holds. A shirt that retails for $120 in New York sells for£60 in London. The exchange rate between the British pound and the dollar is £1 = $1.50. Assuming away transportation costs and trade barriers, this creates a profit-making opportunity called .

A. currency swap
B. arbitrage
C. carry trade
D. straddle

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 19:30
What preforms the best over the long term? a) bonds b) mutual funds c) stocks d) certificate of deposit
Answers: 2
question
Business, 21.06.2019 20:00
Which is not an example of a cyclical company? a) airlines b) hotel industry c) medical d) theme parks
Answers: 1
question
Business, 22.06.2019 01:30
Someone knows the answer i need in the exam
Answers: 2
question
Business, 23.06.2019 12:00
How might non-industrialized countries be impacted by the foreign exchange market?
Answers: 3
You know the right answer?
Assume that the law of one price holds. A shirt that retails for $120 in New York sells for£60 in Lo...
Questions
question
Mathematics, 13.10.2019 04:20
Questions on the website: 13722363