Throughout the 1990s, interest rates in Canada were lower than interest rates in Brazil. As a result, many Canadian investors were tempted to borrow in Canada and invest the proceeds in Brazil. Which of the following explains why this strategy does not represent an abritrage opportunity? (Select the best choice below.) O A. Engaging in such transactions may incur a loss if the value of the Brazilian real fails relative to the Canadian dollar. Because a profit is not guaranteed, this strategy is not an arbitrage opportunity. OB. It is an arbitrage opportunity OC. Most Canadian investors were prohibited by law from taking advantage of this opportunity. OD. Other things besides money enter the picture. By investing overseas Canada looks weak and so this is regarded as an unpatriotic act. When the cost of appearing unpatriotic is taken into account, the profits are erased