Arbitrage is the process of buying a currency high and selling it low.

Question

Quizplus · Accepted Answer

Arbitrage involves buying an asset at a low price in one market and selling it at a higher price in another market in order to make a profit. In currency trading, arbitrage typically involves taking advantage of minute differences in exchange rates between different markets. Therefore, the statement "Arbitrage is the process of buying a currency high and selling it low" is incorrect.

Arbitrage Is the Process of Buying a Currency High and Selling