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crude


Definitions (2)

1. A type of good that has entered the manufacturing process and is no longer a raw material, but is not yet a semi-finished or finished good.

2. See petroleum.

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Commodity Correlation to Exchange RatesCommodity price shifts will not affect all nations, or their currencies, in the same manner. After all, nations with moderate supplies of a commodity will not have their currency affected as greatly b ... Read more


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