If the exchange rate quotes in two different countries were out of line with each other,an enterprising trader could make a profit by buying in the market where the currency was cheaper and simultaneously selling it in the market where the currency was more expensive.Such a person would be known as a(n)

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This person is engaging in an arbitrage strategy, which involves taking advantage of price differences in different markets. A spot trader is involved in immediate transactions, while a cross trader typically trades in two or more currency pairs at the same time. "Capitalist" is not a professional term used in finance or trading.

If the Exchange Rate Quotes in Two Different Countries Were