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International Commodity Markets and the Role of Cartels
Mark S. LeClair
Business & Economics / Investments & Securities / Commodities / General
Specifically, the author addresses four major aspects of international commodity markets: patterns of production and consumption; economic dislocations to both importers and exporters due to price fluctuations; the formation of cartels in response to weak and variable commodity prices; and the likely effects arising from tightening raw material markets. The book also includes a detailed examination of the future of each of the cartels; and what role technology, 24-hour trading, and decreasing foreign direct investment in producing countries will have on commodity markets.
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