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State ONE (1) similarity and ONE (1) difference between speculators and artbitrageurs. (4 marks) Define the following quotes and give ONE (1) example for each
- State ONE (1) similarity and ONE (1) difference between speculators and artbitrageurs.
(4 marks)
- Define the following quotes and give ONE (1) example for each of the quote
- Direct quote
(2 marks)
- Indirect quote
(2 marks)
- Briefly explain the meaning of Law of One Price.
(3 marks)
- Identify the problems with the Purchasing Power Parity (PPP)
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