CONTEMPORARY SIGNIFICANCE AND FUNCTIONS OF COMMODITY EXCHANGE IN GLOBAL ECONOMY AND TRADE

Galina Stoeva

Abstract


This report discusses the importance and functions of the commodity exchange in the modern global economy, with a brief emphasis on the increasingly close interrelationship between commodity markets and financial instruments markets. The idea is that commodity markets are of great importance to the global economy and trade today because they could not be seen as strictly separate from markets trading financial instruments, as there are increasingly close links between the two, effectively leading to transfer of financial resources invested in financial markets to the real economy.

Keywords


commodity exchange, global economy, trade

References


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New knowledge Journal of science is financed by the National Science Fund of the Republic of Bulgaria - contract № КП-06-НП1/5 of 17.12.2019 in the competition of Bulgarian scientific periodicals – 2019

New knowledge Journal of science is financed by the National Science Fund of the Republic of Bulgaria – contract № ДНП 05/52 от 22.12.2016 in the competition of Bulgarian scientific periodicals – 2016

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