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Its success rests on the most basic form of international trade: arbitrage between national markets.
These days, fine chocolate is the product of an arcane international culinary mélange of trade arbitrage, genetics, technology, biology, farming, politics and artful fermentation that winemakers might applaud.
In the second form, free ports assume transformation activities that benefit from the trade arbitrage of sourcing products or parts that cannot be produced locally.
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And as in global financial markets, currency trading, arbitrage, black markets quintessentially financial industry behaviors are emerging.
And the greater the volatility in the carbon allowance and offset market - and the larger the volume of offsets allowed - the more trading, arbitrage, and speculation these firms can benefit from.
With such a wide spread between the implied value of the deal, as announced, and where SDL's shares had been trading, the arbitrage opportunity was obvious.
A decade later, he became a partner and by 1976 he was co-head of the trading and arbitrage division.
Their training in the complexities of trading and arbitrage is provided on the job by Mr. Abraham, 37, who graduated from the University of Notre Dame in 1987 with a degree in finance.
Namely, they are pairs trading, statistical arbitrage, and trend following.
I was on the trading and arbitrage desk at Goldman Sachs, and I used to talk to him every morning.
From 1969 to 1970 Mr. Lenzner was Manager of the Arbitrage Department at Oppenheimer & Co., and he was assistant to the partner in charge of trading and arbitrage at Goldman Sachs & Co. from 1962 to 1968.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com