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In Economics, buying an asset in one mar...

In Economics, buying an asset in one market and simultaneously selling an identical asset in another market at a higher price is termed as_____.

A

Depreciation

B

Mortgage

C

Arbitrage

D

Devaluation

Text Solution

Verified by Experts

The correct Answer is:
C
Arbitrage is the practice of taking advantage of a price difference between two or more markets. In this type of trade one is profited by selling similar assets in different markets and in different forms.
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