A nation whose imports constitute a very small portion of the world market supply is a price taker, facing a constant world price for its import commodity. （ ）
举一反三
- Recently I bought a second-hand car was very low. A: which price B: the price of whose C: its price D: whose price
- Of the following factors, all, except （ ） , can influence the change in the supply of a particular commodity. A: technology B: the price of inputs (cost) C: expectations D: the price of the commodity itself
- The price formed in the commodity exchange is（ ） A: “Free market” price B: “Closed market” price C: International market price D: Semi-closed market price
- When does a country become an importer of anarticle? A: when the domestic price of an article in a countryis lower than its world price B: When the domestic priceof a country's goods is higher than its world price
- According to the passage, why do we have futures contracts A: To take delivery of a given commodity. B: To make the market against price fluctuations stable. C: To ensure delivery of a given commodity at market prices. D: To allow for some price certainty before a commodity is delivered.