Question

    In which type of market does the exchange of commodities take place on a specified future date?

    A Local or Village Markets Correct Answer Incorrect Answer
    B Forward Markets Correct Answer Incorrect Answer
    C Terminal Markets Correct Answer Incorrect Answer
    D Wholesale Markets Correct Answer Incorrect Answer

    Solution

    Forward markets involve the purchase and sale of a commodity at one time, with the exchange occurring on a specified future date

    Practice Next
    ×
    ×