|
|
|
|
|
by e2daipi
5387 days ago
|
|
> "On our example, this doesn’t work because we are going from the United States to England and the English Pound is worth more than the US dollar. Additionally, the Iceland Krona is not worth less than a dollar. However, if we were going the reverse way, this would work." Not quite. See http://en.wikipedia.org/wiki/Arbitrage I think the way you are looking at it could cost you a bit of money if you are not careful. |
|