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In the case of fungible commodities international trade establishes a single market. This means that a.there is a single place where interested parties can purchase
- In the case of fungible commodities international trade establishes a single market. This means that
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- a.there is a single place where interested parties can purchase the commodity at varying prices
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- b.there is a single worldwide price for the commodity
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- c.there is a single place where interested parties can purchase the commodity at the same price
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