Economic arbitrage occurs when businesses from wealthy nations trade with businesses from poor nations.
- In order to profit from a price differential, an investor will use the investment method of arbitrage to simultaneously buy and sell an asset in other marketplaces. The returns can be impressive when multiplied by a high volume, despite the fact that pricing variations are often tiny and transient.
- As an illustration, the stock of a phone firm trades on the NYSE for $25. It trades for $25.50 in the Shanghai Stock Exchange at the same time. The arbitrageur purchases the stock from the NYSE and sells it right away on the Shanghai market for a 50 cent profit.
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Answer:
Merit-based scholarships are based on academic achievements or demonstrated talent in athletics, arts, music and other special interests. Most merit scholarships do not consider financial need. One in four students going to public universities will receive merit aid from some source.
Answer:
Concurrent power
Explanation:
Concurrent power is a political power exercised by both Federal and State government at the same time within the same jurisdiction as it relates to their citizens on a subject matter. Examples of Concurrent power enjoyed by both levels of government are in the area of taxation, environmental protection, election regulation, etc.