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Although misunderstood by many uninformed observers, _________ in the currency markets is considered a ______condition since it drives exchange rates globally to uniformity. A. arbitrage,

Although misunderstood by many uninformed observers, _________ in the currency markets is considered a ______condition since it drives exchange rates globally to uniformity.

A.

arbitrage, desirable

B.

a covered call, desirable

C.

parity, undesirable

D.

currency control by governments, desirable

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