If you are a currency speculator, then one leg of your locational arbitrage transaction would involve:

currency speculator - Investment & Finance Definition

A person who trades currencies with the sole purpose of making a profit.

Explanation: : Locational arbitrage can occur when the spot rate of a given currency varies among  other currencies that are involved, the excess profit from covered interest arbitrage must more than offset.

A good example of Locational Arbitrage could involve the following - include risk arbitrage, retail arbitrage, convertible arbitrage, negative arbitrage and statistical arbitrage.

Risk arbitrage – This type of arbitrage is also called merger arbitrage, as it involves the buying of stocks in the process of a merger & acquisition

every society, in order to meet the needs of it's people, has to answer three basic questions:

- what should we produce?

- how should we produce it?

- for whom should we produce it?

this questions must be answered in order to, option b, aid in production decisions.

every country can't produce everything, no matter how rich their land is. it may be a matter of technology, resources or geographical conditions. so, these three questions must be resolved in order to get the most of the production of each land.

hope this !

colony: virginia

1: 1607,john smith

2: british were looking for gold and land

3: near oceans and theres forests

4: fishing? ithink

5: sometimes