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The economy of any country depends on several factors, and one of them is "trade". The trading business has a tremendous global impact, and that is why the international community gives it so much of importance. As a matter of fact, trade has been seen to effect the political and social scenario of a particular country as well. This change has come about as a result of globalization, industrialization, great strides in the methods of transportation, World Web, and the coming up of multinational (production and services offered in more than two nations) companies. And now we see the birth of commodities trading brokerage firms too! A unified organization called the WTO or World Trade Organization has also been set up by the trading community. This international body is in charge of bringing out rules and regulations concerning the international trading system. Additionally, disputes between two trading countries can be brought to them for resolution. How much... http://financialages.com/trading/commo...