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The Economic Function of Futures Markets Jeffrey C. Williams
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The Economic Function of Futures Markets
Jeffrey C. Williams
This book offers an explanation of why commodity processors and dealers use futures markets. It argues that they use futures contracts as part of an implicit method of borrowing and lending commodities, contrary to the accepted view of dealers averse to the fluctuating value of their inventories wanting insurance against price risk.
272 pages, 13 tables, 15 line diagrams, glossary, bibliography
| Medios de comunicación | Libros Paperback Book (Libro con tapa blanda y lomo encolado) |
| Publicado | 27 de octubre de 1989 |
| ISBN13 | 9780521389341 |
| Editores | Cambridge University Press |
| Páginas | 272 |
| Dimensiones | 152 × 229 × 16 mm · 400 g |
| Lengua | Inglés |
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