Definitions[]
Export controls[]
A commodity is "[a]ny article, material, or supply except technology and software."[1]
General[]
A commodity is
| “ | some good for which there is demand, but which is supplied without qualitative differentiation across a market. It is fungible, i.e. the same no matter who produces it. Examples are petroleum, notebook paper, milk or copper. | ” |
References[]
- ↑ U.S. Export Administration Regulations, Part 772 (15 C.F.R. §772.1).