A(n)___________ is an agreement involving both buyers and sellers to manage the price of a particular commodity,but often only when the price moves outside a predetermined range.
A)oligarchy
B)cartel
C)commodity price agreement
D)buffer
E)trade diversion

Question

Quizplus · Accepted Answer

A commodity price agreement is a type of arrangement where buyers and sellers agree to manage the price of a commodity, often activating measures only when prices move outside a predetermined range.

A(n)___________ Is an Agreement Involving Both Buyers and Sellers to Manage