The difference between “immigrate” and “emigrate” is that “immigrating” is the act of entering a foreign country to live while “emigrating” is the act of leaving a country to live in another.
The correct answer is B. Buying a good in one market and selling it in another for a profit.
Explanation:
The term "arbitrage" is used in the economy and similar contexts to describe the process in which a person, company or similar profits due to the differences in prices in different markets. This commonly implies an asset, product or service is bought in one market at a low price and then this is sold into a different market at a higher price which implies profit for the entity or individual that buys and sells the good. For example, a company or individual can buy a certain product in a foreign market where is cheaper due to the price of the foreign currency or changes in prices and then sell this at the local level. Therefore, arbitrage refers to buying a good in one market and selling it in another for a profit.
The most powerful person (politically, not economically) in Germany now is its Chancellor (it is always the Chancellor), who at the moment is Angela Merkel. Merker is the head of the German government which is responsible for most of the functions of the country (but not for making laws).
