How do arbitrageurs help ensure that exchange rates are the same in markets around the world?

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Microeconomics A Contemporary Introduction

ISBN: 978-1111415921

9th edition

Authors: William A. McEachern

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Question Posted: Dec 12, 2015 05:30 AM

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How do arbitrageurs help ensure that exchange rates are the same in markets around the world?

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If exchange rates differ across markets then arbitrageurs b...View the full answer

Microeconomics A Contemporary Introduction

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