Answer:
A carry trade occurs when jinlo borrow in Jakarta at 2% and go and deposit the money in the bank in Warsaw so as to have the 7.5% interest on deposit
Explanation:
A carry trade is a trading strategy that involves borrowing at a low-interest rate and investing in an asset that provides a higher rate of return. So in this case, Jinlo borrowed at low interest and deposited to receive high interest, so a carry trade is what he did.
