cocoa beans (practice)
Post on 02-Dec-2014
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DESCRIPTION
TRANSCRIPT
195%
HISTORY OF PRICING
SOURCE: IMF
DEMAND
Quantity
Price
Demand 1
Demand 2
Supply
Q
P
Q1
P1
P
QDQS
Excess Demand
SUPPLY
Demand
Supply 1
Supply 2
Quantity
Price
Supply Deficit
Q
P
Q 1
P 1
P
QDQS
SPECULATION
READING LIST & REFERENCESReading List: http://www.allchocolate.com/understanding/how_chocolate_is_made/
at_factory.aspx
References: International Monetary Fund [Online] [Accessed: 4/11/2011] Preliminary Archives [Online] [Accessed: 8/11/2011] Trading Economics [Online] [Accessed: 12/11/2011] Executive Committee (2010) The world cocoa economy: past and
present. ICCO. Retrieved from: http://www.icco.org/documents/documents3.aspx [Accessed 26/10/2011]
Deutsche Bank (2010) Global cocoa production. Financial Times. Available at http://www.ft.com/cms/s/2/28e00036-67a0-11df-a932-00144feab49a.html#axzz1dcf8MHBR [Accessed 13 November 2011]
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