Section [ ]. Copper as the primary contested good
The hypothesis about copper being a key contested good in the boom
period of 1927-29 is made even more plausible if we compare the dynamics
of copper prices with the behavior of refined copper shipments (Fig. [
]). It is clear that the pattern evidenced by the chart is exactly the
one that our version of ABCT predicts – the growth in copper price was
significantly lagging that in the copper shipments.
[EXPLAIN “REFINED”, “ELECTROLYTE” COPPER]