Commodity money Commodity money Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects that have value in themselves (intrinsic value) as well as value in their use as money. Examples of commodities that have been used as mediums of exchange include gold, silver, copper, salt, peppercorns, tea, large stones (such as Rai stones), decorated belts, shells, alcohol, cigarettes, cannabis, silk, candy, nails, cocoa beans, cowries and barley. These items were sometimes used in a metric of perceived value in conjunction to one another, in various commodity valuation or price system economies.
Latin American economy consumption and foreign investment. The context of potential U.S. policy shifts affecting trade will cause diplomatic relations between the United States and Latin America to be more volatile. Latin America stands to suffer from global economic repercussions of such as fluctuations in the stock and commodities market. Volatility in commodity prices, to which Latin American economies are highly exposed, could be a big shock to the Latin America's economic growth. Latin American economy Latin America as a region has multiple nation-states, with varying levels of economic complexity. The Latin American economy is an export-based economy consisting of individual countries in