Question
On 21st Feb 2022, commuters in Sydney woke up to find that the city's rail network had been shut down, leaving hundreds of thousands
On 21st Feb 2022, commuters in Sydney woke up to find that the city's rail network had been shut down, leaving hundreds of thousands of people stranded. The rail chaos in Sydney was due to an NSW Government decision to close the system on the pretext that it had safety concerns over its operation. And the Unions planned to take these actions in support of an ongoing dispute with operators regarding wages and operational matters. For MNCS, they could offset the effect of situation above by exploiting Select one: a. triangular arbitrage. b. regulatory arbitrage. C. financial market arbitrage. d. tax arbitrage. e. exchange rate arbitrage.
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