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In finance, arbitrage is the activity of buying shares or currency in one financial market and selling it at a profit in another.
Similarly,in International Trade,arbitrage is the activity of buying commodities in one market and selling it at a profit in another.
I know a person who buys even a branded product (like Colgate Toothpaste) in one market and sells it at a profit in another.
Good Day!!!
Mr. Vinod is right ......... There are companies here who produce here and sell it in other countries to get the maximum profit. Similarly companies like St. Micheal/Next (Garments) ......... make productions in south east Asia and sells it throughout the world and capitalize the difference.
