Assume the euro$/$dollar exchange rate quoted in Tokyo at $6$ a$.$m$.$ is $1=$$$1\mathrm{.}00.$ If the New York euro$/$dollar exchange rate p$.$m$.$ New York time$)$ is $1=$$$1\mathrm{.}35,$ a dealer could make a profit by using

Multiple Choice

currency swap.

arbitrage.

carry trade.

forward exchange.

countertrade.