Question
On Commodity Exchange A it is possible to buy and sell crude oil at 119 per barrel, while on Commodtiy Exchange B crude oil can
On Commodity Exchange A it is possible to buy and sell crude oil at 119 per barrel, while on Commodtiy Exchange B crude oil can be bought and sold at 120 per barrel. Is there are transactions costs 2% when buying or selling on either exchange, what is the net effect of buying a barrel of oil on exchange
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International Finance Transactions Policy And Regulation
Authors: Hal S. Scott
15th Edition
159941547X, 978-1599415475
