The Difference Between Two Different Maturity Futures Prices on the Same

question 12

Multiple Choice

The difference between two different maturity futures prices on the same commodity is known as:

• A) the basis
• B) the depth
• C) liquidity
• D) the strike
• E) the spread

---

Definitions:

IMF

The International Monetary Fund, an organization aimed at fostering global monetary cooperation, securing financial stability, and facilitating international trade.

Self-sufficient

The ability of an individual, household, or community to provide for all their essential needs without relying on external resources.

Specializes

Refers to the focus of a business, region, or economy on the production of a limited scope of goods or services to gain a greater degree of efficiency.

System of Exchange

A structured arrangement through which trade is conducted, often involving a medium of exchange such as money.