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Levart [38]
3 years ago
9

HELP PLEASE HURRY

Social Studies
1 answer:
guajiro [1.7K]3 years ago
8 0

Answer:

Explanation:vn fdh vh bhe thgbeurhfuergvufunbgbbbbbbbbbbbbbb

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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.

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