Commodity agreements ________.
A)were initially established to attempt to stabilize commodity prices
B)are effective in regulating the price of grains but not minerals
C)are effective in regulating the prices of both grains and minerals
D)were disbanded by the United Nations for being non-competitive

Question

Quizplus · Accepted Answer

Commodity agreements were established with the aim of stabilizing commodity prices to benefit both producers and consumers. However, they have not always been successful in achieving their objectives and many have been disbanded due to various reasons, such as lack of participation or non-compliance with the agreed-upon terms.

Commodity Agreements ________