________ is the riskless purchase of a product in one market for immediate resale in a second market in order to profit from a price discrepancy.

Name: ________ is the riskless purchase of a product in one market for immediate resale in a second market in order to profit from a price discrepancy.
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Question

Quizplus · Accepted Answer

Arbitrage involves buying a product in one market at a lower price and selling it in another market at a higher price to profit from the price discrepancy, without risk.

________ Is the Riskless Purchase of a Product in One