ECONOMICS
FINANCIAL MARKETS
|
Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
|
|
|
oil
|
|
|
cars
|
|
|
Either A or B
|
|
|
None of the above
|
Detailed explanation-1: -Metals (e.g. industrial metals like copper, aluminium and lead, and precious metals like silver and gold) Agricultural (e.g. soya bean, chana, rice, jeera, rubber) Energy (e.g. crude oil, natural gas, coal)
Detailed explanation-2: -Key Takeaways. A commodity market involves buying, selling, or trading a raw product, such as oil, gold, or coffee. There are hard commodities, which are generally natural resources, and soft commodities, which are livestock or agricultural goods.
Detailed explanation-3: -Commodities include agricultural products such as wheat and cattle, energy products such as oil and natural gas, and metals such as gold, silver and aluminum.
Detailed explanation-4: -Brent Crude oil is the most traded global commodity.
Detailed explanation-5: -Agricultural. Agricultural commodities are those such as coffee, corn – an important source of food for livestock and humans, sugar, soybeans – whose oil is used for making crackers, breads, cakes, and cookies, and wheat – one of the most important food crops in the world. Energy. Metals. 21-Dec-2022