Business, 02.03.2020 17:10 Tcareyoliver
Assume that the interest rate on borrowings in Argentina is 3 percent, but the interest rate on deposits in British banks is 9 percent. A trader borrows 1 million Argentine pesos, then converts the money into British pounds and deposits it in a British bank. What is the trader involved in
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Assume that the interest rate on borrowings in Argentina is 3 percent, but the interest rate on depo...
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