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The table below presents bid-ask quotes for Euro (EUR) from several currency dealers around the world. Based on the quotes below, as all traders use

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The table below presents bid-ask quotes for Euro (EUR) from several currency dealers around the world. Based on the quotes below, as all traders use locational arbitrage to maximize profits, ask quote of the will and bid quote of the dealer will dealer Zurich: increase; London; increase; London; increase, Zurich; decrease New York increase; Hong Kong; decease; Hong Kong; increase; New York; decrease

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