1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Alekssandra [29.7K]
3 years ago
7

American Bank quotes a bid rate of $0.026 and an ask rate of $0.028 for the Indian rupee (INR); National Bank quotes a bid rate

of $0.024 and an ask rate for $0.025. Locational arbitrage would involve:
a. buying rupees from American Bank at the ask rate and selling to National Bank at the bid rate.
b. buying rupees from American Bank at the bid rate and selling them to National Bank at the ask rate.
c. buying rupees from National Bank at the ask rate and selling them to American Bank at the bid rate.
d. Locational arbitrage is not possible in this case.
e. buying rupees from National Bank at the bid rate and selling them to American Bank at the ask rate.
Business
1 answer:
Vinvika [58]3 years ago
3 0

Answer:

c. buying rupees from National Bank at the ask rate and selling them to American Bank at the bid rate.

Explanation:

  • Locational arbitrage is a strategy in which one seeks profits from the difference in exchange rates for the same currency at different banks.
  • In our case for locational arbitrage one will have to buy Indian rupee from National bank at the ask rate and then sell them to American bank at the bid rate to make profit.
You might be interested in
B2B markets differ from B2C markets because: Group of answer choices salespeople personally call on business customers to a far
yKpoI14uk [10]

Answer:

salespeople personally call on business customers to a far greater extent than they do consumers.

Explanation:

Business to business (B2B) markets differ from Business to consumers (B2C) markets because salespeople personally call on business customers to a far greater extent than they do consumers.

Under the B2B sells its products directly to other businesses such as wholesalers or retailers and not the end consumers.

On the other hand, the B2C market involves businesses selling their goods and services directly to the end consumers or users for personal use.

6 0
3 years ago
Which of the following layouts seeks the best personnel and machine utilization in repetitive or continuous​ production? A. ​Pro
Nat2105 [25]

Answer: Product-oriented layout

Explanation: The product-oriented layout is a production procedure where the materials and tools are located at the assembly lines.

This layout reduces the cost and time used in the handling of machines whereby optimizing the use of space. The product-oriented layout is mostly used when the same products are made without differences.

5 0
3 years ago
According to "sleep rules raise trucking costs," in 2013 the federal motor carrier safety administration estimated the new rules
erik [133]
The government really just expected reduced highway fatalities.  Even though that it costs these multibillion dollar companies a little more to let their drivers rest, it sill makes the roads safe for all drivers.  Driving while tired is almost as bad as driving under the influence, so making sure that these truck drivers get sleep make sure everything is super safe for everyone. 
5 0
2 years ago
The global stock market is often volatile. if your entire investment portfolio loss 10% of it's value in a month during a market
yaroslaw [1]

Answer:

B sell some

Explanation:

in a scenario where it is dropping, it doesn't mean it won't come back up. So you would sell some but keep a few so if it went up you still make profit

6 0
2 years ago
Regular moderate exercise correlates with increased health, both physical and mental. Exercise friendly communities have LOWER r
nordsb [41]

Answer:

Obesity

Explanation:

7 0
2 years ago
Other questions:
  • Indicate whether each of the following statements is true or false. 1. The corporation is an entity separate and distinct from i
    5·1 answer
  • Extra (unbudgeted) income left at the end of the month should be
    6·1 answer
  • Lena and Joe are two of the partners in a business Lena makes $3 in profits for every $4 that Joe makes if Joe makes $60 profit
    10·1 answer
  • Researchers tried to explain how vesicular transport occurs in cells by attempting to assemble the transport components. They se
    12·1 answer
  • Computer-mediated learning products-whether they are guided practice exercises, tutorials, simulations, games, hypertext, multim
    14·1 answer
  • Which of the following is a discrete quantitative variable?
    7·1 answer
  • The bulk of costs related to legal expenses come from: a. Photocopying b. Online research through legal subscription services c.
    5·1 answer
  • A job ________ involves determining, through observation and study, the specific tasks that comprise a job; the knowledge, skill
    10·1 answer
  • Frank is a salesman of Richard Laundry Equipment. He wants to give a presentation to a five star hotel for setting up an in-hous
    11·1 answer
  • Which of the following actions will help limit the access to your network?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!