Business, 01.11.2019 21:31 kristofwr3444

Assume that the interest rate on borrowings in south korea is 1 percent, but the interest rate on deposits in british banks is 7 percent. a trader borrows 1 million south korean won, 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 south korea is 1 percent, but the interest rate on de...

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