It takes the average reader 3 hours and 30 minutes to read International Commodity Markets and the Role of Cartels by Mark S. LeClair
Assuming a reading speed of 250 words per minute. Learn more
This book provides a fresh look at the economics of modern commodity markets and the role of collusive international agreements in controlling world prices for natural resources. It goes beyond the example of petroleum and OPEC to also examine the structure of international commodity markets for bauxite (aluminum ore), cocoa, coffee, rubber, sugar, and tin, and the conditions that led to the formation of cartels in those markets during the latter half of the twentieth century. Specifically, the author addresses four major aspects of international commodity markets: patterns of production and consumption; economic dislocations to both importers and exporters due to price fluctuations; the formation of cartels in response to weak and variable commodity prices; and the likely effects arising from tightening raw material markets. The book also includes a detailed examination of the future of each of the cartels; and what role technology, 24-hour trading, and decreasing foreign direct investment in producing countries will have on commodity markets.
International Commodity Markets and the Role of Cartels by Mark S. LeClair is 206 pages long, and a total of 52,736 words.
This makes it 70% the length of the average book. It also has 64% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 4 hours and 48 minutes to read International Commodity Markets and the Role of Cartels aloud.
International Commodity Markets and the Role of Cartels is suitable for students ages 12 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
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