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116.Explain whether the following is a fair comment."The farmer does not avoid risk by selling grain futures.If grain prices stay above a certain rate, then the farmer will actually have lost money by selling grain at a specified price.
Positive Balance
A financial situation where income exceeds expenses or assets surpass liabilities, often considered a sign of financial health.
International Trade
The exchange of goods, services, and capital between countries or territories.
20th Century
Refers to the period from January 1, 1901, to December 31, 2000, marking the twentieth century of the Gregorian calendar.
Japanese Economic System
A mixed economic system characterized by a combination of free-market principles and significant government intervention, as well as emphasis on consensus and cooperation among industrial sectors.
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