The practice of buying an asset in one market and selling it immediately in a second market that is located in another country is known as
A: a spot market transaction.
B: spatial arbitrage.
C: bilateral arbitrage
D: a composite currency trade.
A: a spot market transaction.
B: spatial arbitrage.
C: bilateral arbitrage
D: a composite currency trade.
举一反三
- The market price of one currency in terms of another currency is also known as A: the exchange rate between those currencies. B: the future rate between those currencies. C: the spot market. D: the value of arbitrage.
- Which of the following is not a speculative foreign exchange transaction（ ) A: Bilateral arbitrage B: arbitrage C: Multilateral arbitrage D: Hedging
- The<br/>immediate (two-day) exchange of one currency for another is a A: forward<br/>transaction. B: spot<br/>transaction. C: money<br/>transaction. D: exchange<br/>transaction
- Primary market refers to the market ____________. A: that attempts to identify mispriced securities and arbitrage opportunities. B: in which investors trade already issued securities. C: where new issues of securities are offered. D: in which securities with custom-tailored characteristics are designed.
- An analyst does research about market efficiency. Which of the following statements least likely explains why a market mispricing may persist（） A: Arbitrage is encouraged to produce riskless profits. B: A price discrepancy is insufficient large to leave the investor with a profit. C: Short selling is limited or restricted.