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In the past two decades, markets grew to accommodate no less than 435 “eco-labels” or standards such as Organic, Fair Trade, Rainforest Alliance, and UTZ Certified, that claim some aspect of sustainability. They constitute multi-billion dollar markets and the world’s leading food and...
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The paper investigates the extent to which the dollar/sterling exchange rate fluctuations affect coffee and cocoa futures prices on the London LIFFE and the New York CSCE by means of multivariate GARCH models - under the assumption that traders in perfectly competitive markets have equal access...
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