History, 27.09.2020 08:01 bbb4951

What would be the modern-day equivalent of silk in terms of trading value?

Answers: 2

Show answers

Answers

Answer from: bcox32314

Trading volume is a technical indicator since it shows a security's or market's entire activity.

Oil, in terms of trade value, might be the modern-day counterpart of silk.

Reasons why oil is the equivalentDespite the fact that alternative energies are becoming more important in the face of climate change and global warming, oil remains the "black gold" of modern times. Oil is being used around the world in various forms, and transportation is still reliant on it.Many wars and clashes have erupted over oil, and the United States (US) has intervened in the Middle East to protect its political and economic interests. The oil sector generates trillions of dollars each year, and the United Arab Emirates and México are the world's top oil exporters.

For more information about the trading value, refer below

link

Answer from: jessezarate4513

The correct answer to this open question is the following.

What could be the modern-day equivalent of silk in terms of trading value is oil.

Although alternative energies are increasing their importance in times of climate change and global warming, oil is still the "black gold" of modern. The world still uses oil in different forms and means of transportation still depend on oil.

Oil has been the cause of many wars and confrontations, and of the United States intervention in the Middle East to maintain its political and economic interests. The oil industry produces trillions of dollars annually and the countries of the world who have more exportations of oil are the United Emirates and México.

Answer from: Quest

is there options? or is it random words?

explanation:

Answer from: Quest

both believe in many god or polytheism

both built temples that they worshiped in both civilization's god were humanoid

both groups made religion a large portion of their lives

both believe in one religion throughout

the dead were buried with items for the afterlife

Another question on History

History, 21.06.2019 22:30

Full-service brokerage firms a. have lower commissions. c. provide no investment advice. b. offer portfolio management. d. teach you how to do market research.

Answers: 1

Answer

History, 22.06.2019 01:00

Humans during the paleolithic era used fire for each of the following purposes except a. for cooking meat b. for use as a weapon c. for heat and warmth d. for treating animal hides select the best answer from the choices provided

Answers: 1

Answer

History, 22.06.2019 03:30

Which economic sector employs the least number of people in mexico, barbados, and venezuela? a. agriculture b. services c. industry

Answers: 3

Answer

History, 22.06.2019 07:30

What two different approaches did the knights of labor and the american federation of labor take in building a union organization? a) the knights of labor accepted only unskilled workers; the american federation of labor accepted only skilled workers. b) the knights of labor accepted skilled and unskilled workers; the american federation of labor accepted only skilled workers.c) the knights of labor refused to accept african american or chinese workers; the american federation of labor accepted all workers.d) the knights of labor accepted workers from a single industry; the american federation of labor accepted workers from several industries.