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Which of the following is not a commodity?
gold
What products is NOT a major export commodity for Belgium?
Corn dogs
What products is a major export commodity for Belgium?
Corn dogs
The most profitable commodity that the Virginia colonists were able to trade was corn.?
No
When do you say a product is a commodity?
A product sold only on price, because the different sellers of it offer equal and interchangeable versions of it, is a commodity. Let's say you, I and the supervisor of this forum all grow dent corn (the kind you make cornmeal from) for sale. There is not much, if any, difference between any two farmers' dent corn if it's grown in the same area, so I really can't go to market saying my corn's better than the supervisor's. We are therefore selling a commodity item. OTOH, if we convert the corn into a product like tortillas, we no longer have a commodity item because there can be significant differences between two brands of tortillas.
What has the author Wm Grandmill written?
Wm Grandmill has written: 'Investing in wheat, soybeans, corn' -- subject(s): Charts, diagrams, Prices, Commodity options, Commodity futures, Wheat, Corn, Grain, Soybean
Was The most profitable commodity that the Virginia colonists were able to trade was corn?
no. tobacco was.
What is an example of commodity?
Orange juice, soybeans, wheat, pork bellies, corn.
How are Commodity Funds used?
A commodity fund invests in commodities like food and precious metals. If the price of the commodity goes up, you make money. Commodity funds are used for investments in such as oil, corn, soy, or gold. Investing in items that are everyday use.
What is a sentence with the word commodity?
The word 'commodity' is a noun. A noun functions as the subject of a sentence or a clause, and as the object of a verb or a preposition. Examples: The commodity most needed was fuel for the equipment. (subject of the sentence) Fuel was the commodity most needed at the site. (direct object of the verb 'was')
What is considered as an commodity?
In addition commodity items in financial investment are raw materials with rich economic monetary value like:GoldSilverCopperOil (Crude or Brent)US CoffeaWheatLondon CocoaOrange JuiceUS Soyabean and othersThese items are sold on the Commodity market through online Forex
What does Commodity trade mean?
Commodity trade means to trade raw materials or primary products rather than stocks or bonds. Raw materials can be items like corn or steel or even medicine.
