Development - trade and development come back to it page 206 Flashcards
1
Q
what are commodities?
A
goods sold in large quantities.
2
Q
top 5 commodities:
A
- crude oil
- doffee
- natural gas
- gold
- brent oil
3
Q
differentiate between good and bad terms of trade?
A
good term is when you sell for more than what you buy. bad trade is when you make a loss.
