In mild of those stark circumstances, the CEA was enacted in 1936. Its most tangible result was setting up the Commodity Trade Fee (CEC) as an impartial agency under the Division of Agriculture. The CEC was presented regulatory muscle mass to established licensing requirements for exchanges and brokers, regulate trading tactics, and tighten policie
using barter-like approaches employing commodity dollars might date back to at the least a hundred,000 decades in the past.[citation needed] Trading in pink ochre is attested in Swaziland, shell jewellery in the form of strung beads also dates again to this period, and experienced The essential attributes desired of commodity funds. what is traded
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