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coffe is said to be worlds most traded commodidtes

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15y ago

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What is the most expensive commodity traded?

PLATINUM


Which is the most traded commodity in the world?

1. Water2. Oil3. Coffee


Why is gold traded on the commodities market?

Because it is a commodity.


In the 18th century what commodity was traded in the upper Louisiana territory?

the most common thing traded throught the lower and upper Louisiana territory, was animal skins. furs and pelteries


One advantage of using money for trade instead of barter is that?

In barter system we have to give some commodity(product/article) to the party from whom we are getting another commodity. For example rice for wheat or sugarcane for vegetables. so in todays worlds you will not get something which will hold the value of another commodity and its really difficult to assess how much should be traded.


Accurately explains the difference between the stock market and the commodity market?

Ownership in companies is traded in the stock market while ownership of raw, unprocessed goods is traded in the commodity market.


What does commodity gold mean?

Gold is a commodity that can be sold and traded, just like any other commodity. Gold is considered a hard commodity because it is extracted from mining, instead of being grown.


What is pork commodity?

Just Pork., Dead carcas of Pig ! Traded in commodity markets. a.k.a Bacon, Lard etc


Can I buy and sell crude oil like stocks?

Yes. That is called Commodity trading. Oil is a commodity and is traded in the commodities market.


Does anyone buy geodes?

Although geodes are not traded as a commodity is traded, dealers and collectors are interested in purchasing good specimens.


What was the primary commodity traded by French traders in colonial North America?

Fur....


Was it true The most profitable commodity that the Virginia colonists were able to trade was corn?

No it isn't. The most profitable commodity traded by Virginia colonists was tobacco. So profitable was it, that Virginia started to worry about having enough farmers growing food rather than tobacco.