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Describes the payment system

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Problem 1: The process of making a risk less profit in the foreign exchange market exploiting price discrepancies of two or more traders is best described by

A. Arbitrage

B. Dealership

C. Banking

D. Hedging

Problem 2: Identify the one that best describes the payment system in which customer of Dashen Bank electronically effects payment using a payment card in which no balance is available.

A. E-Payment

B. Debit Card

C. POS Terminal

D. Credit Card

Reference no: EM132742201

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