Ask Question
17 March, 22:35

What kind of goods are sold in the commodity market?

O

A. Monetary

B. Substitution

O

O

C. Normal

D. Unprocessed

+2
Answers (1)
  1. 17 March, 23:01
    0
    D. Unprocessed

    Explanation:

    Commodity markets are markets that specialize in the sale of unprocessed goods. These goods can include metals like iron or gold, agricultural goods like beans and rice, energy goods like crude oil as well as livestock. In commodity markets, prices are fixed between the two parties involved in trading.

    An agreement is reached for the buyer to supply goods at a later time, and this forms the basis for a contract at the spot. This type of contract where an agreement is reached for the delivery of goods in the future is known as Forward contract.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What kind of goods are sold in the commodity market? O A. Monetary B. Substitution O O C. Normal D. Unprocessed ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers