THE ROLE OF COMMODITIES IN GLOBAL TRADE AND PRICING
Авторы
O’rozova N.T .
Abdullayeva Anaxon .
Tog’aymurodova Sarvinoz .
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Аннотация
Commodities form the backbone of the global economy. From crude oil and natural gas to wheat, copper, and gold, these raw materials and primary goods are the essential inputs that drive industrial production, feed populations, and fuel financial markets. The significance of commodities extends far beyond their physical properties — they serve as economic indicators, geopolitical tools, and investment vehicles that connect nations across continents and centuries. Understanding how commodities function within global trade and how they shape pricing across industries is fundamental to grasping the mechanics of the modern world economy.
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