3. How effective are commodity agreements?

May 19th, 2015
Studypool Tutor
Price: $5 USD

Tutor description

3. How effective are commodity agreements?

Word Count: 447
Showing Page: 1/3
How effective are commodity agreementsBefore going to discuss how effective are commodity agreements, first we need to overlook the definition and history of commodity agreement.Introduction:-Commodity agreements are arrangements between producing and consuming countries to stabilize markets and raise average prices. Such agreements are common in many markets, including the market for coffee, tea, and sugar. In Simple words Commodity agreements are international agreements designed to stabilize commodity prices in the interest of producers and consumers. They can include mechanisms to influence market prices by adjusting export quotas and production when market prices reach certain trigger price levels. Best real life example of Commodity agreements is ''In 2003, an agreement was made between the seven main cocoa exporting countries, Cameroon, Ivory Coast, Gabon, Ghana, Malaysia, Nig

Review from student

Studypool Student
" AMAZING as always! "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1822 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors