This effectively results in three exchange rates (A/B, A/A+C, B/A+C) that need to be compared; the two-market solution (A/A+C, B/B+D) is actually simpler.
Well, “simpler” depends on your definition. But yeah, it’s probably better because its easier to comprehend.
This effectively results in three exchange rates (A/B, A/A+C, B/A+C) that need to be compared; the two-market solution (A/A+C, B/B+D) is actually simpler.
Well, “simpler” depends on your definition. But yeah, it’s probably better because its easier to comprehend.