Commodity market oil is traded through NYMEX under trading symbol HO. Purified terephthalic acid (PTA) is traded through ZCE in units of 5 tons with the trading symbol of TA. Ethanol is traded at CBOT in units of 29,000 U.S. gal under trading symbols AC (Open Auction) and ZE (Electronic). Precious metals currently traded on the commodity market include gold, platinum, palladium and silver which are sold by the troy ounce. One of the main exchanges for these precious metals is COMEX. According to the World Gold Council, investments in gold are the primary driver of industry growth. Gold prices are highly
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