Question

Explain features of Commodity Exchange.

Answer 1

The seven SI base units and the interdependency of their definitions: for example, to extract the definition of the metre from the speed of light, the definition of the second must be known while the ampere and candela are both dependent on the definition of energy which in turn is defined in terms of length, mass

Answer 2

Commodities markets include all types of raw materials. In addition to traditional products such as grain and cattle, commodity exchanges deal in metals, coffee, sugar, gasoline and oil. A number of markets worldwide facilitate the buying and selling of these materials.

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