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Which of the following most accurately describes locational arbitrage? Purchasing a currency at a location where it is cheaply priced and immediately selling it at
Which of the following most accurately describes locational arbitrage? Purchasing a currency at a location where it is cheaply priced and immediately selling it at another location where it is priced at the same rate as the original location Purchasing a currency at a location where it is cheaply priced and then selling it back to the same location at the same rate Purchasing a currency at a location where it is cheaply priced and immediately selling it at another location where the price is higher Purchasing a currency at a location where the price is high and immediately selling it at another location where it the price is lower
Which of the following most accurately describes locational arbitrage?
Purchasing a currency at a location where it is cheaply priced and immediately selling it at another location where it is priced at the same rate as the original location
Purchasing a currency at a location where it is cheaply priced and then selling it back to the same location at the same rate
Purchasing a currency at a location where it is cheaply priced and immediately selling it at another location where the price is higher
Purchasing a currency at a location where the price is high and immediately selling it at another location where it the price is lower
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