The table below presents bid-ask quotes for Swiss Francs (CHF) from several currency dealers around the world. Currency Dealer in London New York Zurich Bid/Ask Quotes for $0.7464-71 $0.7469-76 $0.7471-74 CHF If all traders try to maximize profits, then the ask price of the_ _, and the the bid price of the ____________dealer will O London; increase; Zurich; decrease O Hong Kong; increase; Zurich; decrease Zurich; decrease; New York; decrease O New York; increase; Hong Kong; decrease Hong Kong $0.7460-70 dealer will

The table below presents bid-ask quotes for Swiss Francs (CHF) from several currency dealers around the world. If all traders try to maximize profits, then the ask price of the dealer will , and the the bid price of the dealer will London; increase; Zurich; decrease Hong Kong; increase; Zurich; decrease Zurich; decrease; New York; decrease New York; increase; Hong Kong; decrease The table below presents bid-ask quotes for Swiss Francs (CHF) from several currency dealers around the world. In order to take advantage of locational arbitrage, a currency speculator should buy CHF from the dealer and sell CHF to the dealer. Zurich; Hong Kong London; New York New York; Hong Kong Hong Kong; Zurich