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Please answer these questions 3. What would you expect to happen to the EURO if lots of Laotian wish to travel to European for their

Please answer these questions

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3. What would you expect to happen to the EURO if lots of Laotian wish to travel to European for their holidays? 4. Let's assume that we have $10 million with the following bid - ask quotations for Lao/USD in given interbank markets: a. Do you see the market discrepancy? b. How does a locational currency arbitrage work? Profit or loss

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