Why does it make sense that the first futures markets introduced in nineteenth- century America were for

Question:

Why does it make sense that the first futures markets introduced in nineteenth- century America were for trades in agricultural products? For example, why did we not see instead futures markets for goods such as paper or pencils?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Investments

ISBN: 978-0071338875

8th Canadian Edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus, Stylianos Perrakis, Peter

See More Books

Question Posted: Jun 21, 2015 03:35 AM

See More Questions

Why does it make sense that interest rate swaps involve an exchange of net payments, while currency swaps exchange all cash flows?
Why does it make sense for a multinational corporation to allow its foreign customers to pay on credit if there is rationing in the foreign credit market?
Why does it make sense to standardize financial statements?
3. In this problem the bond sells for a premium, which indicates that interest rates have declined. The current yield is $70/$1,222 = 5.73%. To confirm that interest rates have declined, determine...
In the Excel file Banking Data, apply the following data visualization tools: a. Use data bars to visualize the relative values of Median Home Value. b. Use color scales to visualize the relative...
Biophore Corporation, an Indian pharmaceutical company, is considering replacing a labeling machine in one of its factories. The replacement will reduce operating expenses (i.e., increase earnings...
Tail lengths (in feet) for a sample of American alligators are listed. (a) Find the mean, median, and mode of the tail lengths. Which best describes a typical American alligator tail length? Explain...
When Lyle was hired, she was told that typing speed was extremely important to the position. At the time, she maintained that she could type eighty words per minute, so she was not given a typing...
Calculate and provide an analysis of the VAR for C. H. Robinson Worldwide in 2021. What does this tell you about your company in terms of risk? Reference:...
Kaitlin Carlton, a CPA sole practitioner, prepares tax returns each year for approximately 100 clients. Items 1 through 8 each represent an independent factual situation in which Kaitlin has prepared...
Explain why systemic fungal infections are typically seen only in certain individuals even though many people have contact with the pathogen, whereas an outbreak of giardiasis affects virtually...
Oversight by large institutional investors or creditors is one mechanism to reduce agency problems. Why dont individual investors in the firm have the same incentive to keep an eye on management?
Explain, using supply and demand curves, why most agricultural markets are not perfectly competitive.
Regarding your Improvements and Replacements post, can you please explain what you mean by "this could be through rearrangements in plant layout or substitution of improved components for old ones"?...
Which function can be used to combine two or more separate spill ranges into a single dynamic array?
Akash is a self-employed management consultant who is covered by an individual disability policy which will pay him a $5,000 monthly benefit tax free if disabled. The plan has a residual benefit....
Two friends are trying to pull a car out of a ditch. They apply forces, measured in pounds, of F 1 = 2 0 0 i + 3 5 0 j + 3 5 0 k and F 2 = 3 5 0 i + 3 0 0 j + 2 5 0 k , respectively, to the car but...
Using the readings from Guns, Germs, and Steel, the HIll article, the Eller article, and the O'Brien article, address the following: Cite an example of a development in genetic manipulation that you...
Should accountants give the user groups the information they are asking for, or the information for which they should be asking?
Use the graphs of f and g to graph h(x) = (f + g) (x). To print an enlarged copy of the graph, go to MathGraphs.com. 1. 2. y 24 8. 2. -2 -2 4 6
2. What basic criteria would you recommend that K&G set to determine what jobs the company should accept in the future?
Why are Incoterms 2020 and Terms of Payment considered an important factor in executing global trade contracts? and also provide five various examples and risk related risk factors,
What is the purpose of using the Loan Manager in QuickBooks?

Why does it make sense that the first futures markets introduced in nineteenth- century America were for

Question:

Step by Step Answer:

In nineteenthcentury America with its largely agraria...View the full answer

Investments

Students also viewed these Accounting questions