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Meaning of commodity currency | Babel Free

Noun CEFR B2

Definitions

A currency that moves in correlation with the world prices of primary commodity products, due to the country's heavy dependency on the export of certain raw materials for income.

CEFR level

B2
Upper Intermediate
This word is part of the CEFR B2 vocabulary — upper intermediate level.
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See also

commodity diplomacy commodity exchange commodity fetish commodity fetishism commodity market commodity meat

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