The action of arbitrage is
A) the process of buying a currency cheap and selling it dear.
B) the process of buying a currency dear and selling it cheap.
C) the process of buying and selling currency at the same price.
D) the process of selling currency at different prices in different markets.
E) the process of buying a currency and holding onto it to take it off the market.

Question

Quizplus · Accepted Answer

Arbitrage involves buying a currency (or any asset) at a lower price in one market and selling it at a higher price in another market to make a profit from the price difference.

The Action of Arbitrage Is