GK
MARKETING MANAGEMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Making profit by taking advantage of different prices prevailing in different markets is referred as
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Arbitrage
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Hedging
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Gambling
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Speculation
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Explanation:
Detailed explanation-1: -Market arbitrage refers to the simultaneous buying and selling of the same security in different markets to take advantage of a price difference between the two separate markets. In the course of making a profit, arbitrage traders enhance the efficiency of the financial markets.
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