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How can nation that is less efficient than another nation in the production of all commodities exchange anything to the second nation?
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What is an Exchange of commodities for money or other commodities?
just that; an exchange. Maybe a sale? its called a trade
What is the explanation for the types of Trading Exchange?
The Stock Exchange The Commodities Exchange The Energy Exchange
Where can one find information on commodities exchange?
Information about commodities exchange is best found on a government website. There you will find accurate information about where to find them and what the laws are dealing with commodities exchanges.
Why did some ancient Greek settlements trade?
To exchange their surplus commodities for other commodities they needed. To make a financial profit from trading commodities and services.
Why is money called a medium of exchange?
money is called a medium of exchange because it acts as an intermediate in exchange of commodities
Why money is called medium of exchange?
money is called a medium of exchange because it acts as an intermediate in exchange of commodities
When did the Dubai Gold and Commodities Exchange commence trading as the region's first commodity derivatives exchange?
In November 2005, the Dubai Gold and Commodities Exchange commenced trading. Today it is the leading derivatives exchange in the region, although it started out in the Middle East.
What is the difference between CBOT and CBOE?
CBOE is the equity options exchange, CBOT is the commodities exchange.
When economist says that money serves as a medium of exchange they mean that it is?
They mean that it serves as a way of exchange commodities.
Why did some Greek settlements trade?
To exchange their surplus commodities for other commodities they needed. To make a financial profit from trading commodities and services.
How are stock and commodities exchanges governed?
In general, both the stock and commodities exchanges are governed by a board of directors who are elected from the membership of the exchange
What economy accepts goods and services in exchange for commodities?
barter economy
