Are commodity agreements effective? Why or why not?

What will be an ideal response?

Commodity agreements used to be influential in helping to stabilize commodity prices, but now they are more involved in disseminating information and promoting research. OPEC is an example of an effective producers' cartel that operates on quotas to try to stabilize prices. In general, very little can be done outside of market forces to influence price.

Business

You might also like to view...

Which of the following statements about bonds of a corporation is TRUE?

A) All bonds have a right to share in the profits of a corporation B) Bonds usually require regular payments as loans do C) Bonds always have voting rights D) All bonds can be converted to shares E) Both A and D

Business

General goals tend to work better than specific goals because the general goals pin you down less in terms of what you want to accomplish

Indicate whether the statement is true or false.

Business