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.
B most likely:) hope this helps
Answer:
The population of Africa is growing every year and increasing as the years go by.
Explanation:
Africa had 230 million in the mid 20-Century and today there are 1.2 billion. That is a very big difference. Also, the fun fact states that 41% of the population of Africa is under age 15 so this means that the newer generations are most likely larger than some older ones. hope this helps :)
