If the First Ingredient on the Label of a Cosmetic

question 45

True/False

If the first ingredient on the label of a cosmetic is "active ingredient", the cosmetic is also regulated as a drug.

Understand the concept of open interest and its significance in futures markets.

Identify the standardization of futures contracts and its difference from forward contracts.

Recognize basis and basis risk in the context of futures markets hedging.

Understand the mechanics of profit and loss in futures trading.