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What is triangular arbitrage?Use a numerical example to show that if cross exchange rates are not consistent, then an investor can make a guaranteed, risk-less
- What is triangular arbitrage? Use a numerical example to show that if cross exchange rates are not consistent, then an investor can make a guaranteed, risk-less profit.
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Triangular arbitrage is a type of currency trading strategy that takes advantage of inconsistencies in exchange rates between three different currenci...
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International Finance Theory and Policy
Authors: Paul R. Krugman, Maurice Obstfeld, Marc J. Melitz
10th edition
978-0133425895, 133425894, 978-0133423631, 133423638, 978-0133423648
