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Which of the following is not a commodity?

gold


Which of the following was the primary commodity affluent Europeans wanted from the East?

Spices


The commodity market is which of the following?

Volatile market -APEX


Which of the following most accurately explain why commodity money has value?

Commodity money is a good that can be used as a medium of exchange or for some other purpose.


Where can one find commodity futures prices?

One can find commodity futures prices from the following sources: Saxo Markets, Bloomberg, Barchart, PSG Online, Commodity Charts, Investopedia, to name a few.


Which among the following taxes does not increase the price of commodity for buyers?

Income tax


Milk is considered a commodity because it is which of the following?

the same product regardless who sells it


Which of the following statements accurately describes the relationship between commodity money and flat money?

Commodity money has value in itself while flat money has value only because it is given value


Which if the following best explains what a futures contract is?

(apex) a contract setting the price and date for a commodity purchase.


Which is the largest commodity exchange for commodity market?

Oil is that commodity.


Which of the following best explains how revenue is determined?

A contract to deliver a particular commodity to a buyer sometime in the future. Apexx J.Pichardo


Where can one learn how to trade commodities?

One can learn to trade commodities online using the following websites "Moneycontrol", "commodityonline" or by reading commodity trading books. One can also take commodity trading classes online or in an institution,