Which of the following countries is most likely to have policies and regulations concerning the gold trade? A. Mexico B. Russia

Question

raketka [301]

2 years ago

6

Which of the following countries is most likely to have policies and regulations concerning the gold trade? A. Mexico B. Russia

C. Brazil D. India

History

2 answers:

densk [106] · Answer 1 · 2023-09-30T12:29:38+03:00

<span>The country is most likely to have policies and regulations concerning the gold trade is letter D, India. India is considered to be the world's largest consumer of gold, there are 75% of the total demand for jewelry in India. This is because the country India has a way in trade of golds.</span><span />

EleoNora [17] · Answer 2 · 2023-09-30T13:57:55+03:00

Answer:

D. India

Explanation:

The country that is most likely to have policies and regulations concerning the gold trade is India: In here, the demand for gold is very high, inhabitants tend to buy gold regardless of the economic, fiscal or political circumstances of the nation. In fact, this Asian country is one of the largest markets for gold, this is so mainly because gold is an important symbol within their culture and rituals and (like marriage rituals) is considered a great store of value.