Which device has the International Tin Agreement utilized as a way of stabilizing tin prices?
A) Multilateral contracts
B) Export subsidies
C) Buffer stocks
D) Export tariffs

Question

Quizplus · Accepted Answer

The International Tin Agreement utilized buffer stocks as a way of stabilizing tin prices. The buffer stocks were created to regulate the supply of tin in the market and maintain stable prices. The member countries of the agreement contributed to the maintenance of the buffer stocks by buying and storing tin when prices were low and releasing it when prices were high. This helped to prevent sudden fluctuations in tin prices and provided stability for the industry.

Which Device Has the International Tin Agreement Utilized as a Way