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.
<u>Answer</u>:
A role of the second continental congress was to (D) Manage the revolutionary war
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<u>Explanation</u>:
“Second Continental Congress” met after the revolutionary war started. So, they made strategies, raised the armies and made formal treaties to run the states. It was then when they appointed "George Washington" as their commander-in-chief.
“Second Continental Congress” managed the colonial war and working towards America's independence was their major aim. They said that British did not have a legal claim over the colonies. They formed a Continental Army to fight against the British.
Answer:
Universal suffrage (also called universal franchise, general suffrage, and common suffrage of the common man) gives the right to vote to all adult citizens, regardless of wealth, income, gender, social status, race, ethnicity, political stance, or any other restriction, subject only to relatively minor exceptions.
Explanation:
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Israel became a state on May 14, 1948 when they declared independence with the neighboring Arab states.