Which of the following statements regarding arbitrage is the most correct?
A.
Any situation in which it is possible to make a profit without taking any risk is known as an arbitrage opportunity.
B.
Any situation in which it is possible to make a profit without making any investment is known as an arbitrage opportunity.
C.
We call a competitive market in which there are no arbitrage opportunities an arbitrage market.
D.
The practice of buying and selling equivalent goods in different markets to take advantage of a price difference is known as arbitrage.