Assume that the interest rate on borrowings in Japan is 1 percent, while the interest rate on deposits in Australian banks is 5 percent. A trader borrows in yen and then converts the money into Australian dollars and deposits it in an Australian bank to make a 4 percent margin. Which type of trade is this an example of?
A. Swing trade
B. Carry trade
C. Channel trade
D. Price action trade
Answers: 3
Another question on Business
Business, 21.06.2019 14:30
Processors can be or which is an indicator of how much data the processors can handle at a given point in time, with the processor being more powerful.
Answers: 2
Business, 22.06.2019 08:00
How do communism and socialism differ in terms of the role that government plays in the economy ?
Answers: 1
Business, 22.06.2019 18:00
If you would like to ask a question you will have to spend some points
Answers: 1
Business, 22.06.2019 19:00
All of the following led to the collapse of the soviet economy except a. a lack of worker incentives. c. inadequate supply of consumer goods. b. a reliance on production quotas. d. the introduction of a market economy.
Answers: 1
You know the right answer?
Assume that the interest rate on borrowings in Japan is 1 percent, while the interest rate on deposi...
Questions
English, 27.09.2021 19:00
Mathematics, 27.09.2021 19:00
Computers and Technology, 27.09.2021 19:00
English, 27.09.2021 19:00
History, 27.09.2021 19:10
Mathematics, 27.09.2021 19:10
Business, 27.09.2021 19:10
