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Answer:
Market movements and price fluctuations are influenced by a number of factors, such as economic reports, large institutional block trades and such like. Of all these factors, one that is often underestimated is the impact of commodity prices. Fluctuating commodity prices not only have a significant impact on business, they also impact the trading markets and the overall economy. Generally, the impact of commodity price fluctuations depends on whether that economy is a net importer or net exporter of commodities.
For economies that are net importers, commodity price increases act almost like trade tariffs. This is because it makes the import of raw materials and sources of energy, required for the everyday functioning of different economic sectors, more expensive.
Economies that are net exporters, on the other hand, benefit from increasing prices, since their income increases with the sale of those commodities. At the same time, a steep rise in prices could reduce the demand for commodities and lead to losses.
Explanation:
<span>The contact hypothesis has been described as one of the best ways to improve relations among groups that are experiencing conflict. Gordon W. Allport (1954) is often credited with the development of the contact hypothesis, also known as Intergroup Contact Theory.
When jenny's parents told her that they were moving to alabama, she was horrified because she secretly thought that southerners were mostly poorly educated and racist. after experiencing the foods, traditions, and people in her new state, she was surprised to realize that southerners weren't all alike, and that many of her new friends were just like her. this is an example of: the contact hypothesis.</span>