Sanjay knows he can buy denim products in the US at a low cost and then resell them at a higher cost in Germany to make a profit. Sanjay is practicing ______.

Sanjay knows he can buy denim products in the US at a low cost and then resell them at a higher cost in Germany to make a profit. Sanjay is practicing ______.

Sanjay knows he can buy denim products in the US at a low cost and then resell them at a higher cost in Germany to make a profit. Sanjay is practicing ______.



Answer: arbitrage


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