What is arbitrage? Arbitrage is when you buy low and sell high. Specifically, you buy a low-priced good in one market and resell it in another market where the price is higher. --------------------------------------------------------------- Subscribe for new videos every Tuesday! http://bit.ly/1Rib5V8 Dictionary of Economics Course: http://bit.ly/2NYmfbD Additional practice questions: http://bit.ly/2y5IDEX Ask a question about the video: http://bit.ly/2P45zvP Help translate this video: http://bit.ly/2Nid2W7