An increase in the demand of the imported commodity subject to a given import quota will reduces the domestic quantity demanded of the commodity.

Of the following factors, all, except （ ） , can influence the change in the supply of a particular commodity. A: technology B: the price of inputs (cost) C: expectations D: the price of the commodity itself

According to the passage, why do we have futures contracts A: To take delivery of a given commodity. B: To make the market against price fluctuations stable. C: To ensure delivery of a given commodity at market prices. D: To allow for some price certainty before a commodity is delivered.

In this chapter, after the study, you are expected to know: what the terms of commodity are; different ways of quality stipulation; the methods used by the seller to describe the ______ of the goods; how to measure the ______ of the goods; how to understand the______ and the packing of the goods; and the details in ______ of the commodity.

Terms of commodity include: _________________ of the commodity; _______________of the commodity; ___________________of the commodity; ___________________of the commodity; ______________________of the commodity;

”Black Tea” is an appropriate name of commodity.

The ratio of one commodity price to the price of another commodity is called relative commodity price.（ ） A: 对 B: 错

When the production of a commodity does not utilize imported inputs, the effective tariff rate on the commodity:（  ） A: Exceeds the nominal tariff rate on the   commodity B: Equals the nominal tariff rate on the   commodity C: Is less than the nominal tariff rate on   the commodity D: None of the above

合同中品名及规格条款是（ ） A: Commodity & Specification B: Commodity C: Specification D: Name of Commodity

This kind of commodity is sold out. This sentence means that the commodity is on stock. Is it true?