Business, 26.03.2021 21:30 thawkins79

Developing nations have formed international commodity agreements (ICAs) between leading producing and consuming nations of commodities. To promote stability in commodity markets, ICAs have relied on production and export controls, buffer stocks, and multilateral contracts. For example, the fair trade system may help to (increase the number of middlemen selling farmer's products/ increase the income of farmers in developing nations/ decrease the markup price that retailers charge on farmer's products).

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Developing nations have formed international commodity agreements (ICAs) between leading producing a...

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