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 French and Indians fought together against Britain. It may be confusing because it was not the French versus the Indians.
Answer:
They remain less developed than their colonial powers
Explanation:
After comparing the two maps, The two maps specify about regions that gained independence during the second half of the twentieth century that they remain less developed than their colonial powers.
In 1945, during the postwar era, were some prospect that decolonization might be gradually coming to stay and on the term thatis favourable to the western European colonial nations retaining their world power position.
When comparing the two maps in respect of human development, it is clearly seen that the region that gained independence during the second half of the twentieth century that they lag behind those that colonised them
