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If the $C exchange rate with the $US was 1 and the $C exchange rate with the Euro was 1.50, while the $US exchange rate

If the $C exchange rate with the $US was 1 and the $C exchange rate with the Euro was 1.50, while the $US exchange rate with the Euro was 1.25, you could make a fortune trading these currencies. Is this a true or false or uncertain statement?

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