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Benefits of commodity exchange. - SS1 Commerce Past Questions and Answers - page 1

1

What is one of the benefits of commodity exchanges?

A

Increased price volatility

B

Reduced liquidity

C

Risk management

correct option: c

Risk management

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2

What do commodity exchanges help establish?

A

Market volatility

B

Fair and transparent prices

C

Price manipulation

correct option: b

Fair and transparent prices

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3

What is one advantage of liquidity on commodity exchanges?

A

Higher bid-ask spreads

B

Reduced trading volume

C

Competitive pricing

correct option: c

Competitive pricing

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4

What do standardized contracts on commodity exchanges ensure?

A

Uniformity and ease of trading

B

Unique contract terms for each participant

C

Trading complexity

correct option: a

Uniformity and ease of trading

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5

What is one benefit of commodity exchanges in terms of market access?

A

Access to diverse markets

B

Regional trading only

C

Access to diverse markets

correct option: c

Access to diverse markets

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6

Explain in simple terms what price discovery means in the context of commodity exchanges.

Price discovery refers to the process on commodity exchanges where market participants interact to determine fair and transparent prices for commodities. Through buying and selling activities, the forces of supply and demand help establish prices that reflect the market's perception of value.

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7

What role do standardized contracts play in commodity exchanges? Provide one key benefit.

What role do standardized contracts play in commodity exchanges? Provide one key benefit.

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